Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $108.85 and last traded at $108.85, with a volume of 31815 shares changing hands. The stock had previously closed at $107.99.
iShares Russell Top 200 Value ETF Stock Down 0.6%
The company has a market capitalization of $3.98 billion, a P/E ratio of 19.39 and a beta of 0.77. The business’s 50-day moving average price is $104.87 and its 200 day moving average price is $98.88.
Institutional Investors Weigh In On iShares Russell Top 200 Value ETF
A number of institutional investors and hedge funds have recently made changes to their positions in IWX. Cornerstone Planning Group LLC purchased a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth about $25,000. Richardson Financial Services Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 4th quarter valued at about $49,000. International Assets Investment Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 1st quarter valued at about $55,000. Bessemer Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter valued at about $61,000. Finally, Tower Research Capital LLC TRC boosted 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 acquiring an additional 231 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than iShares Russell Top 200 Value ETF
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
- MarketBeat Week in Review – 07/13- 07/17
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
Receive News & Ratings for iShares Russell Top 200 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Top 200 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
