iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Strong Trading Volume – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw an uptick in trading volume on Tuesday . 681,110 shares were traded during trading, an increase of 190% from the previous session’s volume of 234,709 shares.The stock last traded at $91.44 and had previously closed at $92.29.

iShares Russell Top 200 Value ETF Stock Performance

The firm’s fifty day moving average price is $89.43 and its 200 day moving average price is $86.66. The firm has a market cap of $2.98 billion, a P/E ratio of 19.39 and a beta of 0.82.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new stake in shares of iShares Russell Top 200 Value ETF in the 3rd quarter valued at about $38,000. CoreCap Advisors LLC grew its holdings in iShares Russell Top 200 Value ETF by 195.6% in the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $47,000 after purchasing an additional 356 shares during the last quarter. Tower Research Capital LLC TRC increased its position 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 purchasing an additional 231 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the third quarter worth $76,000. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of iShares Russell Top 200 Value ETF by 157.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock valued at $86,000 after purchasing an additional 627 shares during the last quarter.

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.