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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $101.66 and last traded at $101.66, with a volume of 5104 shares trading hands. The stock had previously closed at $100.72.

iShares Russell Top 200 Value ETF Stock Up 0.9%

The business has a 50-day moving average of $95.55 and a 200-day moving average of $93.48. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78.

Institutional Trading of iShares Russell Top 200 Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Planning Group LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth about $25,000. First Horizon Corp acquired a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter worth about $38,000. CoreCap Advisors LLC lifted its position in shares of iShares Russell Top 200 Value ETF by 195.6% in the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $47,000 after buying an additional 356 shares during the last quarter. Richardson Financial Services Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth about $49,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth about $55,000.

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.