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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $111.45 and last traded at $111.29, with a volume of 2916 shares trading hands. The stock had previously closed at $110.23.

iShares Russell Top 200 Value ETF Trading Up 0.9%

The company has a market cap of $4.01 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. The stock has a 50 day moving average price of $106.17 and a two-hundred day moving average price of $100.00.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Several large investors have recently bought and sold shares of the company. RTD Financial Advisors Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the 4th quarter valued at about $22,263,000. FSA Advisors Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF in the first quarter valued at about $505,000. World Investment Advisors acquired a new position in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth about $3,498,000. UBS Group AG boosted its position in shares of iShares Russell Top 200 Value ETF by 7.7% during the fourth quarter. UBS Group AG now owns 341,122 shares of the company’s stock worth $31,335,000 after buying an additional 24,493 shares during the period. Finally, TIAA Trust National Association boosted its position in shares of iShares Russell Top 200 Value ETF by 1.6% during the fourth quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock worth $1,133,934,000 after buying an additional 198,318 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. 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.