iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 12-Month High – Here’s What Happened

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $103.15 and last traded at $103.03, with a volume of 8379 shares changing hands. The stock had previously closed at $102.41.

iShares Russell Top 200 Value ETF Stock Performance

The stock has a market cap of $3.48 billion, a P/E ratio of 19.39 and a beta of 0.78. The stock has a 50-day moving average price of $97.06 and a 200-day moving average price of $94.65.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of large investors have recently modified their holdings of IWX. Cornerstone Planning Group LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at about $25,000. Richardson Financial Services Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at about $49,000. International Assets Investment Management LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at about $55,000. Bessemer Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at about $61,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of 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 acquiring an additional 231 shares during 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.