iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw unusually-high trading volume on Wednesday . Approximately 279,947 shares changed hands during mid-day trading, an increase of 1% from the previous session’s volume of 277,359 shares.The stock last traded at $97.2350 and had previously closed at $96.77.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market capitalization of $3.83 billion, a P/E ratio of 19.39 and a beta of 0.82. The company’s fifty day simple moving average is $94.66 and its 200-day simple moving average is $90.35.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth $25,000. First Horizon Corp purchased a new stake in shares of iShares Russell Top 200 Value ETF during the third quarter valued at about $38,000. CoreCap Advisors LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 195.6% in the 3rd quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after buying an additional 356 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in shares of iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $49,000. Finally, Tower Research Capital LLC TRC increased its position in iShares Russell Top 200 Value ETF by 42.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after buying an additional 231 shares in the last quarter.

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.