Cetera Investment Advisers Sells 23,705 Shares of iShares Russell Top 200 Value ETF $IWX

Cetera Investment Advisers trimmed its stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 9.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 239,314 shares of the company’s stock after selling 23,705 shares during the quarter. Cetera Investment Advisers owned about 0.71% of iShares Russell Top 200 Value ETF worth $22,177,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWX. Cornerstone Planning Group LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth about $25,000. Richardson Financial Services Inc. purchased a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth about $49,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Value ETF in the first quarter worth about $55,000. Bessemer Group Inc. bought a new stake in iShares Russell Top 200 Value ETF in the first quarter worth about $61,000. Finally, Tower Research Capital LLC TRC boosted its stake in iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after acquiring an additional 231 shares during the last quarter.

iShares Russell Top 200 Value ETF Stock Up 0.5%

iShares Russell Top 200 Value ETF stock opened at $108.86 on Tuesday. iShares Russell Top 200 Value ETF has a twelve month low of $82.78 and a twelve month high of $109.21. The firm has a 50 day moving average price of $105.59 and a 200-day moving average price of $99.58. The company has a market capitalization of $4.07 billion, a P/E ratio of 19.39 and a beta of 0.77.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.