iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 52-Week High – Should You Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWXGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $105.21 and last traded at $105.10, with a volume of 14072 shares. The stock had previously closed at $104.45.

iShares Russell Top 200 Value ETF Stock Up 0.9%

The firm has a fifty day moving average of $100.14 and a 200-day moving average of $96.16. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC purchased a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth $25,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $49,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF during the first quarter worth $55,000. Bessemer Group Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the first quarter worth $61,000. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 42.1% during the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after purchasing an additional 231 shares during 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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