Clark Capital Management Group Inc. Acquires Shares of 722,045 iShares Russell Top 200 Value ETF $IWX

Clark Capital Management Group Inc. acquired a new stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 722,045 shares of the company’s stock, valued at approximately $66,327,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWX. Cornerstone Planning Group LLC purchased a new position in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $25,000. Richardson Financial Services Inc. purchased a new position in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $49,000. Tower Research Capital LLC TRC lifted its position in shares of iShares Russell Top 200 Value ETF by 42.1% during the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after purchasing an additional 231 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of iShares Russell Top 200 Value ETF by 101.7% during the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock worth $76,000 after purchasing an additional 418 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the third quarter worth about $76,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX stock opened at $105.86 on Wednesday. iShares Russell Top 200 Value ETF has a one year low of $81.83 and a one year high of $106.83. The company’s 50-day simple moving average is $100.89 and its 200-day simple moving average is $96.49. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78.

iShares Russell Top 200 Value ETF Company Profile

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.