iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 1-Year High – Still a Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during trading on Monday . The stock traded as high as $112.83 and last traded at $112.81, with a volume of 34770 shares. The stock had previously closed at $112.64.

iShares Russell Top 200 Value ETF Stock Performance

The firm has a market capitalization of $4.08 billion, a PE ratio of 19.39 and a beta of 0.77. The company has a fifty day simple moving average of $107.00 and a two-hundred day simple moving average of $100.61.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of institutional investors have recently made changes to their positions in the business. Dagco Inc. acquired a new position in iShares Russell Top 200 Value ETF during the 2nd quarter valued at about $336,000. Tenzing Financial LLC acquired a new stake in iShares Russell Top 200 Value ETF in the second quarter worth about $279,000. GTS Financial LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the first quarter worth about $6,441,000. Bank of America Corp DE increased its holdings in shares of iShares Russell Top 200 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 242,091 shares of the company’s stock valued at $22,435,000 after acquiring an additional 4,677 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of iShares Russell Top 200 Value ETF by 3.1% in the 1st quarter. Arkadios Wealth Advisors now owns 146,271 shares of the company’s stock valued at $13,555,000 after purchasing an additional 4,336 shares during the last quarter.

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.