iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 12-Month High – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $95.64 and last traded at $95.5240, with a volume of 17824 shares traded. The stock had previously closed at $95.09.

iShares Russell Top 200 Value ETF Stock Up 0.6%

The business has a 50-day simple moving average of $91.87 and a two-hundred day simple moving average of $88.55. The stock has a market capitalization of $3.84 billion, a P/E ratio of 19.39 and a beta of 0.82.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IWX. Sound Income Strategies LLC grew its stake in iShares Russell Top 200 Value ETF by 6.9% during the second quarter. Sound Income Strategies LLC now owns 2,019 shares of the company’s stock worth $170,000 after buying an additional 130 shares during the last quarter. CreativeOne Wealth LLC grew its position in iShares Russell Top 200 Value ETF by 4.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 3,390 shares of the company’s stock worth $298,000 after acquiring an additional 158 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in iShares Russell Top 200 Value ETF by 14.6% during 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 in the last quarter. KFA Private Wealth Group LLC raised its position in iShares Russell Top 200 Value ETF by 8.4% in the 4th quarter. KFA Private Wealth Group LLC now owns 2,703 shares of the company’s stock valued at $248,000 after purchasing an additional 209 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in iShares Russell Top 200 Value ETF by 1.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock valued at $1,254,000 after purchasing an additional 214 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.