iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw strong trading volume on Tuesday. Approximately 667,894 shares were traded during trading, an increase of 96% from the previous session’s volume of 340,664 shares. The stock last traded at $113.4650 and had previously closed at $112.96.

iShares Russell Top 200 Value ETF Trading Up 0.6%

The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. The stock has a fifty day simple moving average of $111.90 and a 200-day simple moving average of $106.56.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. FSA Advisors Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the first quarter worth $505,000. Sterling Capital Management LLC increased its position in iShares Russell Top 200 Value ETF by 21.8% during the first quarter. Sterling Capital Management LLC now owns 236,530 shares of the company’s stock worth $21,919,000 after acquiring an additional 42,294 shares during the period. JSF Financial LLC increased its position in iShares Russell Top 200 Value ETF by 2.0% during the first quarter. JSF Financial LLC now owns 279,803 shares of the company’s stock worth $25,929,000 after acquiring an additional 5,459 shares during the period. LifeWealth Investments LLC increased its position in iShares Russell Top 200 Value ETF by 18.0% during the first quarter. LifeWealth Investments LLC now owns 228,555 shares of the company’s stock worth $21,180,000 after acquiring an additional 34,785 shares during the period. Finally, SVB Wealth LLC raised its stake in iShares Russell Top 200 Value ETF by 3.9% during the 2nd quarter. SVB Wealth LLC now owns 477,994 shares of the company’s stock valued at $50,266,000 after purchasing an additional 18,046 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.