iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 12-Month High – Time to Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during trading on Monday . The stock traded as high as $111.45 and last traded at $111.29, with a volume of 2916 shares trading hands. The stock had previously closed at $110.23.

iShares Russell Top 200 Value ETF Trading Up 0.9%

The company has a market capitalization of $4.01 billion, a P/E ratio of 19.39 and a beta of 0.77. The firm’s 50 day moving average price is $106.17 and its two-hundred day moving average price is $100.00.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC bought a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at $25,000. Richardson Financial Services Inc. acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at $49,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Value ETF during the 1st quarter worth about $55,000. Bessemer Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the 1st quarter worth about $61,000. Finally, Tower Research Capital LLC TRC lifted its position in 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 worth $66,000 after buying an additional 231 shares in 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.