Royal Bank of Canada Increases Stock Position in iShares Russell Top 200 Value ETF $IWX

Royal Bank of Canada boosted its position in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWXFree Report) by 8.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,482 shares of the company’s stock after purchasing an additional 9,352 shares during the period. Royal Bank of Canada owned approximately 0.35% of iShares Russell Top 200 Value ETF worth $11,073,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWX. Clark Capital Management Group Inc. acquired a new position in iShares Russell Top 200 Value ETF in the 4th quarter worth $66,327,000. LPL Financial LLC increased its position in shares of iShares Russell Top 200 Value ETF by 654.7% during the fourth quarter. LPL Financial LLC now owns 640,842 shares of the company’s stock worth $58,868,000 after acquiring an additional 555,928 shares during the last quarter. Align Financial LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth about $42,834,000. Orion Porfolio Solutions LLC acquired a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth about $33,250,000. Finally, RTD Financial Advisors Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth about $22,263,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX opened at $112.64 on Friday. iShares Russell Top 200 Value ETF has a one year low of $84.15 and a one year high of $112.81. The stock has a 50-day moving average price of $107.00 and a 200 day moving average price of $100.57. 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 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. 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.

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Institutional Ownership by Quarter for iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

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