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 hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $97.92 and last traded at $97.3770, with a volume of 6646 shares changing hands. The stock had previously closed at $97.25.

iShares Russell Top 200 Value ETF Price Performance

The business has a fifty day moving average of $94.00 and a 200 day moving average of $89.82. The stock has a market cap of $3.81 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82.

Institutional Trading of iShares Russell Top 200 Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Planning Group LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at about $25,000. First Horizon Corp acquired a new position in iShares Russell Top 200 Value ETF during the third quarter valued at approximately $38,000. Richardson Financial Services Inc. acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter valued at approximately $49,000. CoreCap Advisors LLC boosted its holdings 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 worth $47,000 after buying an additional 356 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in iShares Russell Top 200 Value ETF by 42.1% in 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 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.