Principal Securities Inc. Purchases New Position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

Principal Securities Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 346,962 shares of the company’s stock, valued at approximately $28,198,000. iShares Russell Top 200 Value ETF makes up about 0.7% of Principal Securities Inc.’s portfolio, making the stock its 27th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWX. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares Russell Top 200 Value ETF by 16.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,098,465 shares of the company’s stock worth $541,755,000 after purchasing an additional 982,341 shares during the last quarter. TIAA Trust National Association boosted its stake in shares of iShares Russell Top 200 Value ETF by 9.1% during the 2nd quarter. TIAA Trust National Association now owns 10,333,642 shares of the company’s stock worth $773,163,000 after acquiring an additional 860,698 shares during the last quarter. SVB Wealth LLC grew its position in shares of iShares Russell Top 200 Value ETF by 96.2% during the 1st quarter. SVB Wealth LLC now owns 481,791 shares of the company’s stock valued at $36,770,000 after acquiring an additional 236,257 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter valued at $8,108,000. Finally, Cetera Investment Advisers bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at $5,328,000.

iShares Russell Top 200 Value ETF Price Performance

Shares of IWX stock opened at $80.40 on Friday. iShares Russell Top 200 Value ETF has a 1 year low of $63.02 and a 1 year high of $83.17. The firm has a fifty day moving average price of $80.80 and a 200-day moving average price of $77.36. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

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.