Avantax Advisory Services Inc. Sells 2,615 Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

Avantax Advisory Services Inc. cut its position in shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 39.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,963 shares of the company’s stock after selling 2,615 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares Russell Top 200 Value ETF were worth $313,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new position in iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $42,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at about $54,000. Alta Wealth Advisors LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $237,000. Brophy Wealth Management LLC bought a new stake in shares of iShares Russell Top 200 Value ETF in the 3rd quarter valued at about $248,000. Finally, Diversified Trust Co acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $248,000.

iShares Russell Top 200 Value ETF Trading Down 0.2 %

IWX opened at $82.40 on Wednesday. The stock’s fifty day simple moving average is $82.78 and its 200 day simple moving average is $81.89. The stock has a market cap of $3.09 billion, a PE ratio of 19.90 and a beta of 0.88. iShares Russell Top 200 Value ETF has a 1-year low of $72.40 and a 1-year high of $85.39.

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.