iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 12-Month High – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares reached a new 52-week high on Tuesday . The company traded as high as $95.05 and last traded at $94.8090, with a volume of 9054 shares. The stock had previously closed at $94.80.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market cap of $3.77 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The business’s 50 day moving average price is $91.08 and its 200-day moving average price is $88.08.

Institutional Trading of iShares Russell Top 200 Value ETF

Several institutional investors have recently bought and sold shares of the stock. First Horizon Corp bought a new stake in shares of iShares Russell Top 200 Value ETF in the 3rd quarter worth about $38,000. CoreCap Advisors LLC boosted its position in iShares Russell Top 200 Value ETF by 195.6% in the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after buying an additional 356 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in iShares Russell Top 200 Value ETF by 42.1% during the second 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 last quarter. Advisory Services Network LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF during the third quarter worth approximately $76,000. Finally, Qube Research & Technologies Ltd raised its stake in shares of iShares Russell Top 200 Value ETF by 157.5% in the second quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock valued at $86,000 after acquiring an additional 627 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.