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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $112.83 and last traded at $112.81, with a volume of 34770 shares. The stock had previously closed at $112.64.

iShares Russell Top 200 Value ETF Stock Down 0.3%

The firm’s 50 day simple moving average is $107.37 and its two-hundred day simple moving average is $100.87. The stock has a market capitalization of $4.07 billion, a P/E ratio of 19.39 and a beta of 0.77.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its position in shares of iShares Russell Top 200 Value ETF by 12.2% in the first quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock valued at $105,000 after acquiring an additional 123 shares during the period. CreativeOne Wealth LLC lifted its stake in iShares Russell Top 200 Value ETF by 3.7% in the 4th quarter. CreativeOne Wealth LLC now owns 3,514 shares of the company’s stock worth $323,000 after purchasing an additional 124 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in iShares Russell Top 200 Value ETF by 8.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,744 shares of the company’s stock valued at $252,000 after purchasing an additional 219 shares during the period. SMART Wealth LLC grew its position in shares of iShares Russell Top 200 Value ETF by 2.6% during the 1st quarter. SMART Wealth LLC now owns 8,959 shares of the company’s stock valued at $830,000 after purchasing an additional 223 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after purchasing an additional 231 shares during the period.

About iShares Russell Top 200 Value ETF

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.