iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 1-Year High – Time to Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $85.39 and last traded at $85.39, with a volume of 28265 shares traded. The stock had previously closed at $84.95.

iShares Russell Top 200 Value ETF Stock Up 0.3 %

The business’s 50-day moving average price is $82.17 and its 200-day moving average price is $78.64. The firm has a market capitalization of $2.46 billion, a PE ratio of 19.01 and a beta of 0.63.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of hedge funds have recently made changes to their positions in IWX. Concourse Financial Group Securities Inc. increased its holdings in iShares Russell Top 200 Value ETF by 56.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 433 shares of the company’s stock worth $35,000 after buying an additional 156 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in iShares Russell Top 200 Value ETF by 4.5% in the third quarter. OneDigital Investment Advisors LLC now owns 5,855 shares of the company’s stock worth $476,000 after buying an additional 253 shares during the last quarter. Signaturefd LLC acquired a new position in iShares Russell Top 200 Value ETF in the second quarter worth approximately $27,000. Oppenheimer & Co. Inc. increased its holdings in iShares Russell Top 200 Value ETF by 1.0% in the third quarter. Oppenheimer & Co. Inc. now owns 36,653 shares of the company’s stock worth $2,979,000 after buying an additional 369 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares Russell Top 200 Value ETF by 0.9% in the third quarter. Integrated Wealth Concepts LLC now owns 41,969 shares of the company’s stock worth $3,411,000 after buying an additional 376 shares during the last quarter.

About iShares Russell Top 200 Value ETF

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.