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

Cetera Investment Advisers cut its holdings in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 9.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 239,314 shares of the company’s stock after selling 23,705 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Russell Top 200 Value ETF were worth $22,177,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWX. RTD Financial Advisors Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth $22,263,000. FSA Advisors Inc. purchased a new position in shares of iShares Russell Top 200 Value ETF in the first quarter valued at $505,000. World Investment Advisors purchased a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $3,498,000. UBS Group AG raised its stake in shares of iShares Russell Top 200 Value ETF by 7.7% during the 4th quarter. UBS Group AG now owns 341,122 shares of the company’s stock valued at $31,335,000 after purchasing an additional 24,493 shares during the period. Finally, TIAA Trust National Association raised its stake in shares of iShares Russell Top 200 Value ETF by 1.6% during the 4th quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock valued at $1,133,934,000 after purchasing an additional 198,318 shares during the period.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX opened at $108.86 on Tuesday. iShares Russell Top 200 Value ETF has a 52-week low of $82.78 and a 52-week high of $109.21. The stock’s 50-day simple moving average is $105.59 and its 200 day simple moving average is $99.58. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77.

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. 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.