iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Strong Trading Volume – Should You Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw strong trading volume on Friday . 550,905 shares traded hands during trading, an increase of 115% from the previous session’s volume of 256,091 shares.The stock last traded at $95.2810 and had previously closed at $95.18.

iShares Russell Top 200 Value ETF Price Performance

The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The business has a 50-day moving average of $91.59 and a 200-day moving average of $88.35.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Several large investors have recently made changes to their positions in IWX. Sound Income Strategies LLC increased its holdings in iShares Russell Top 200 Value ETF by 6.9% during the second quarter. Sound Income Strategies LLC now owns 2,019 shares of the company’s stock worth $170,000 after buying an additional 130 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in iShares Russell Top 200 Value ETF by 4.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 3,390 shares of the company’s stock valued at $298,000 after purchasing an additional 158 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in iShares Russell Top 200 Value ETF by 14.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,318 shares of the company’s stock valued at $111,000 after purchasing an additional 168 shares during the last quarter. KFA Private Wealth Group LLC grew its holdings in iShares Russell Top 200 Value ETF by 8.4% during the fourth quarter. KFA Private Wealth Group LLC now owns 2,703 shares of the company’s stock worth $248,000 after purchasing an additional 209 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in iShares Russell Top 200 Value ETF by 1.5% in the third quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock valued at $1,254,000 after buying an additional 214 shares during the period.

About iShares Russell Top 200 Value ETF

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.