iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 52-Week High – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $97.49 and last traded at $97.05, with a volume of 270462 shares trading hands. The stock had previously closed at $96.94.

iShares Russell Top 200 Value ETF Stock Performance

The stock’s 50-day moving average is $93.52 and its two-hundred day moving average is $89.50. The stock has a market cap of $3.83 billion, a PE 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 modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth about $25,000. First Horizon Corp purchased a new position in shares of iShares Russell Top 200 Value ETF in the third quarter valued at approximately $38,000. Richardson Financial Services Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $49,000. CoreCap Advisors LLC increased its stake in 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 worth $47,000 after buying an additional 356 shares during the period. Finally, Tower Research Capital LLC TRC increased its stake in 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 worth $66,000 after buying an additional 231 shares during the period.

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.