iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sets New 52-Week High – Here’s What Happened

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $109.20 and last traded at $109.07, with a volume of 11161 shares traded. The stock had previously closed at $108.28.

iShares Russell Top 200 Value ETF Price Performance

The stock’s 50 day moving average is $105.76 and its two-hundred day moving average is $99.69. The stock has a market capitalization of $4.10 billion, a PE ratio of 19.39 and a beta of 0.77.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Large investors have recently modified their holdings of the company. Dagco Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the 2nd quarter valued at $336,000. Tenzing Financial LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the second quarter worth $279,000. GTS Financial LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the first quarter worth $6,441,000. Bank of America Corp DE increased its holdings in iShares Russell Top 200 Value ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 242,091 shares of the company’s stock valued at $22,435,000 after buying an additional 4,677 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in iShares Russell Top 200 Value ETF by 3.1% in the first quarter. Arkadios Wealth Advisors now owns 146,271 shares of the company’s stock valued at $13,555,000 after buying an additional 4,336 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.