iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sets New 52-Week High – Time to Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $92.59 and last traded at $92.5910, with a volume of 40069 shares changing hands. The stock had previously closed at $92.16.

iShares Russell Top 200 Value ETF Stock Up 0.5%

The stock’s 50 day moving average price is $89.86 and its two-hundred day moving average price is $87.05. The firm has a market capitalization of $3.03 billion, a price-to-earnings 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 made changes to their positions in the company. Sound Income Strategies LLC grew its position in iShares Russell Top 200 Value ETF by 6.9% in the second quarter. Sound Income Strategies LLC now owns 2,019 shares of the company’s stock worth $170,000 after acquiring an additional 130 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in shares of iShares Russell Top 200 Value ETF by 4.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 3,390 shares of the company’s stock valued at $298,000 after purchasing an additional 158 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of iShares Russell Top 200 Value ETF by 14.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,318 shares of the company’s stock valued at $111,000 after purchasing an additional 168 shares during the last quarter. PNC Financial Services Group Inc. increased its position in iShares Russell Top 200 Value ETF by 1.5% during the third quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock worth $1,254,000 after buying an additional 214 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in 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 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. 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.