iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Sold by First Citizens Asset Management Inc.

First Citizens Asset Management Inc. cut its holdings in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 485,314 shares of the company’s stock after selling 40,873 shares during the period. iShares Russell Top 200 Value ETF accounts for approximately 14.1% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. First Citizens Asset Management Inc. owned about 1.68% of iShares Russell Top 200 Value ETF worth $38,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in iShares Russell Top 200 Value ETF by 9.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 192,582 shares of the company’s stock valued at $15,651,000 after buying an additional 15,888 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth about $4,716,000. SMART Wealth LLC increased its holdings in shares of iShares Russell Top 200 Value ETF by 46.7% during the fourth quarter. SMART Wealth LLC now owns 6,491 shares of the company’s stock valued at $513,000 after acquiring an additional 2,065 shares in the last quarter. M&T Bank Corp raised its position in shares of iShares Russell Top 200 Value ETF by 24.4% in the 4th quarter. M&T Bank Corp now owns 12,753 shares of the company’s stock valued at $1,008,000 after purchasing an additional 2,503 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $2,405,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX stock opened at $77.04 on Friday. iShares Russell Top 200 Value ETF has a fifty-two week low of $71.48 and a fifty-two week high of $85.39. The stock’s 50-day simple moving average is $80.90 and its 200-day simple moving average is $81.57. The firm has a market capitalization of $2.39 billion, a PE ratio of 18.94 and a beta of 0.83.

About iShares Russell Top 200 Value ETF

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.