First Citizens Bank & Trust Co. Reduces Holdings in iShares Russell Top 200 Value ETF $IWX

First Citizens Bank & Trust Co. cut its stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 0.9% in the 1st quarter, HoldingsChannel reports. The fund owned 5,928,034 shares of the company’s stock after selling 55,500 shares during the period. iShares Russell Top 200 Value ETF accounts for approximately 9.6% of First Citizens Bank & Trust Co.’s holdings, making the stock its 2nd largest holding. First Citizens Bank & Trust Co. owned approximately 0.18% of iShares Russell Top 200 Value ETF worth $549,351,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC bought a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. bought a new position in iShares Russell Top 200 Value ETF during the 4th quarter valued at $49,000. International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at $55,000. Bessemer Group Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at $61,000. Finally, Tower Research Capital LLC TRC increased its position in shares of iShares Russell Top 200 Value ETF by 42.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after purchasing an additional 231 shares during the period.

iShares Russell Top 200 Value ETF Stock Performance

IWX opened at $108.04 on Wednesday. The company has a market capitalization of $4.02 billion, a PE ratio of 19.39 and a beta of 0.77. The stock’s fifty day moving average is $105.10 and its 200-day moving average is $99.15. iShares Russell Top 200 Value ETF has a one year low of $82.78 and a one year high of $109.16.

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.