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

iShares Russell Top 200 Value ETF (NYSEARCA:IWXGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $106.97 and last traded at $106.97, with a volume of 11447 shares traded. The stock had previously closed at $105.95.

iShares Russell Top 200 Value ETF Trading Up 1.1%

The company’s 50 day moving average price is $102.86 and its two-hundred day moving average price is $97.59. The firm has a market cap of $3.59 billion, a PE ratio of 19.39 and a beta of 0.77.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of IWX. Cornerstone Planning Group LLC purchased a new position in iShares Russell Top 200 Value ETF during the fourth quarter valued at $25,000. Richardson Financial Services Inc. purchased a new stake in iShares Russell Top 200 Value ETF in the fourth quarter worth about $49,000. 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. Bessemer Group Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth about $61,000. Finally, Tower Research Capital LLC TRC lifted 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 buying an additional 231 shares in the last quarter.

iShares Russell Top 200 Value ETF Company Profile

(Get Free Report)

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.

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