iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Strong Trading Volume – Time to Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw strong trading volume on Tuesday . 681,110 shares traded hands during trading, an increase of 190% from the previous session’s volume of 234,709 shares.The stock last traded at $91.44 and had previously closed at $92.29.

iShares Russell Top 200 Value ETF Stock Down 1.2%

The company’s 50-day moving average is $89.43 and its 200 day moving average is $86.66. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

A number of large investors have recently bought and sold shares of the business. TIAA Trust National Association increased its position in shares of iShares Russell Top 200 Value ETF by 13.2% in the second quarter. TIAA Trust National Association now owns 12,631,293 shares of the company’s stock valued at $1,063,429,000 after buying an additional 1,472,920 shares in the last quarter. Clark Capital Management Group Inc. acquired a new position in iShares Russell Top 200 Value ETF during the first quarter worth $102,768,000. SVB Wealth LLC acquired a new position in iShares Russell Top 200 Value ETF during the second quarter worth $44,836,000. First Citizens Investor Services Inc. purchased a new position in iShares Russell Top 200 Value ETF during the third quarter valued at $38,821,000. Finally, Laurel Wealth Advisors LLC grew its position in shares of iShares Russell Top 200 Value ETF by 8,319.0% in the second quarter. Laurel Wealth Advisors LLC now owns 387,274 shares of the company’s stock valued at $32,605,000 after purchasing an additional 382,674 shares during the period.

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.