iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 1-Year High – Here’s What Happened

iShares Russell Top 200 Value ETF (NYSEARCA:IWXGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $83.28 and last traded at $83.24, with a volume of 2317 shares changing hands. The stock had previously closed at $81.05.

iShares Russell Top 200 Value ETF Price Performance

The stock has a market capitalization of $2.40 billion, a P/E ratio of 19.01 and a beta of 0.63. The firm has a 50 day moving average of $80.86 and a 200-day moving average of $77.59.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IWX. Signaturefd LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the second quarter worth approximately $27,000. Concourse Financial Group Securities Inc. boosted its stake in iShares Russell Top 200 Value ETF by 56.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 433 shares of the company’s stock worth $35,000 after purchasing an additional 156 shares during the period. Triad Wealth Partners LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the second quarter worth about $37,000. International Assets Investment Management LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the second quarter worth about $50,000. Finally, Spectrum Wealth Counsel LLC acquired a new stake in iShares Russell Top 200 Value ETF in the 2nd quarter valued at approximately $63,000.

About iShares Russell Top 200 Value ETF

(Get Free Report)

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.

Further Reading

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