iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Large Volume Increase – Here’s What Happened

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw unusually-high trading volume on Tuesday . 716,699 shares were traded during trading, an increase of 184% from the previous session’s volume of 252,322 shares.The stock last traded at $105.27 and had previously closed at $105.31.

iShares Russell Top 200 Value ETF Stock Performance

The firm has a market capitalization of $3.56 billion, a P/E ratio of 19.39 and a beta of 0.78. The stock has a 50 day moving average of $102.56 and a 200-day moving average of $97.40.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IWX. Jane Street Group LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at $1,363,000. Qube Research & Technologies Ltd boosted its stake in iShares Russell Top 200 Value ETF by 157.5% during the second quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock valued at $86,000 after buying an additional 627 shares during the period. Quantinno Capital Management LP purchased a new position in iShares Russell Top 200 Value ETF during the second quarter worth about $607,000. Raymond James Financial Inc. increased its stake in iShares Russell Top 200 Value ETF by 16.1% in the 2nd quarter. Raymond James Financial Inc. now owns 118,934 shares of the company’s stock worth $10,013,000 after acquiring an additional 16,511 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in iShares Russell Top 200 Value ETF by 2.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 12,071 shares of the company’s stock worth $1,016,000 after acquiring an additional 328 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.