iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sets New 12-Month High – Here’s Why
by Mitch Edgeman · The Markets DailyiShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $93.30 and last traded at $93.4090, with a volume of 15888 shares traded. The stock had previously closed at $92.55.
iShares Russell Top 200 Value ETF Price Performance
The stock has a market capitalization of $3.59 billion, a PE ratio of 19.39 and a beta of 0.82. The firm has a fifty day moving average price of $90.64 and a two-hundred day moving average price of $87.77.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in iShares Russell Top 200 Value ETF in the 3rd quarter worth about $38,000. CoreCap Advisors LLC raised its stake in shares of iShares Russell Top 200 Value ETF by 195.6% during the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after acquiring an additional 356 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after purchasing an additional 231 shares during the period. Advisory Services Network LLC bought a new position in iShares Russell Top 200 Value ETF in the third quarter worth approximately $76,000. Finally, Qube Research & Technologies Ltd grew its stake in iShares Russell Top 200 Value ETF by 157.5% in the second quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock worth $86,000 after purchasing an additional 627 shares in 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.