iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 1-Year High – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $102.36 and last traded at $102.07, with a volume of 180287 shares. The stock had previously closed at $101.78.

iShares Russell Top 200 Value ETF Price Performance

The company’s fifty day simple moving average is $96.10 and its 200-day simple moving average is $94.05. The firm has a market capitalization of $3.46 billion, a PE ratio of 19.39 and a beta of 0.78.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Several hedge funds have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth about $25,000. First Horizon Corp purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter worth about $38,000. Richardson Financial Services Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth about $49,000. CoreCap Advisors LLC boosted its stake 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 acquiring an additional 356 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter worth about $55,000.

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.