Concorde Asset Management LLC Raises Stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

Concorde Asset Management LLC increased its position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 1,268.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,103 shares of the company’s stock after buying an additional 48,296 shares during the period. iShares Russell Top 200 Value ETF comprises 2.1% of Concorde Asset Management LLC’s portfolio, making the stock its 12th largest holding. Concorde Asset Management LLC’s holdings in iShares Russell Top 200 Value ETF were worth $4,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWX. Raymond James Financial Inc. acquired a new position in iShares Russell Top 200 Value ETF in the 4th quarter valued at $8,065,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $248,000. Life Planning Partners Inc acquired a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at $2,405,000. Blair William & Co. IL increased its stake in iShares Russell Top 200 Value ETF by 7.7% in the fourth quarter. Blair William & Co. IL now owns 3,561 shares of the company’s stock valued at $281,000 after purchasing an additional 256 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares Russell Top 200 Value ETF by 17.1% during the fourth quarter. JPMorgan Chase & Co. now owns 225,506 shares of the company’s stock worth $17,822,000 after buying an additional 32,924 shares during the period.

iShares Russell Top 200 Value ETF Trading Down 2.5 %

Shares of NYSEARCA:IWX opened at $76.06 on Friday. iShares Russell Top 200 Value ETF has a 12-month low of $71.48 and a 12-month high of $85.39. The stock’s 50-day moving average price is $81.64 and its two-hundred day moving average price is $81.72. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 19.90 and a beta of 0.88.

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.