GTS Financial LLC Takes $6.44 Million Position in iShares Russell Top 200 Value ETF $IWX

GTS Financial LLC bought a new stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 69,506 shares of the company’s stock, valued at approximately $6,441,000. iShares Russell Top 200 Value ETF accounts for 4.7% of GTS Financial LLC’s investment portfolio, making the stock its 5th largest holding. GTS Financial LLC owned about 0.21% of iShares Russell Top 200 Value ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cornerstone Planning Group LLC acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $25,000. Richardson Financial Services Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth about $49,000. International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the first quarter worth about $55,000. Bessemer Group Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the first quarter worth about $61,000. Finally, Tower Research Capital LLC TRC increased its stake 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 buying an additional 231 shares during the period.

iShares Russell Top 200 Value ETF Stock Up 0.8%

Shares of NYSEARCA:IWX opened at $109.42 on Friday. The firm’s 50 day moving average price is $106.02 and its 200 day moving average price is $99.90. The stock has a market cap of $3.95 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a fifty-two week low of $82.78 and a fifty-two week high of $110.11.

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.