IWX: A Good Value Basket
The style pendulum is likely swinging toward value from growth as the tech sector looks overcrowded. iShares Russell Top 200 Value ETF tracks large-cap value stocks and diversified holdings. The IWX ETF has a strong sector mix, but underperformed Vanguard Value ETF due to different sector exposure, so there is potential for outperformance ahead.
Should iShares Russell Top 200 Value ETF (IWX) Be on Your Investing Radar?
Launched on 09/22/2009, the iShares Russell Top 200 Value ETF (IWX) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.
iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Sold by Meridian Wealth Management LLC
Meridian Wealth Management LLC lowered its stake in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX – Free Report) by 49.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,865 shares of the company’s stock after selling 4,829 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Russell Top 200 Value ETF were worth $341,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the third quarter worth $440,200,000. Pegasus Partners Ltd. boosted its stake in iShares Russell Top 200 Value ETF by 603.7% in the 3rd quarter. Pegasus Partners Ltd. now owns 279,887 shares of the company’s stock worth $18,296,000 after buying an additional 240,111 shares during the last quarter. SVB Wealth LLC boosted its stake in iShares Russell Top 200 Value ETF by 2,010.1% in the 4th quarter. SVB Wealth LLC now owns 245,534 shares of the company’s stock worth $17,229,000 after buying an additional 233,898 shares during the last quarter. HighTower Advisors LLC grew its holdings in iShares Russell Top 200 Value ETF by 216.1% in the 3rd quarter. HighTower Advisors LLC now owns 165,160 shares of the company’s stock valued at $10,789,000 after buying an additional 112,907 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at about $2,910,000. iShares Russell Top 200 Value ETF Stock Performance IWX opened at $76.65 on Monday. iShares Russell Top 200 Value ETF has a 1 year low of $62.08 and a 1 year high of $76.65. The company’s 50 day simple moving average is $74.74 and its 200 day simple moving average is $71.48. The stock has a market capitalization of $2.21 billion, a PE ratio of 19.01 and a beta of 0.63. iShares Russell Top 200 Value ETF Company Profile (Free Report) 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.
