iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sets New 1-Year High – Still a Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $91.98 and last traded at $91.81, with a volume of 70127 shares changing hands. The stock had previously closed at $90.69.

iShares Russell Top 200 Value ETF Price Performance

The company has a market cap of $3.00 billion, a PE ratio of 19.39 and a beta of 0.82. The company has a fifty day moving average price of $89.11 and a 200 day moving average price of $86.36.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. First Horizon Corp bought a new stake in iShares Russell Top 200 Value ETF during the third quarter worth about $38,000. CoreCap Advisors LLC increased its position in shares of iShares Russell Top 200 Value ETF by 195.6% during the 3rd quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after purchasing an additional 356 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings 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 buying an additional 231 shares in the last quarter. Advisory Services Network LLC bought a new position in iShares Russell Top 200 Value ETF during the third quarter valued at approximately $76,000. Finally, Qube Research & Technologies Ltd grew its position in iShares Russell Top 200 Value ETF by 157.5% during the second quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock valued at $86,000 after acquiring an additional 627 shares during the last quarter.

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.