iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sets New 52-Week High – Here’s What Happened

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) hit a new 52-week high during trading on Tuesday . The stock traded as high as $102.36 and last traded at $102.07, with a volume of 180287 shares traded. The stock had previously closed at $101.78.

iShares Russell Top 200 Value ETF Price Performance

The firm’s 50-day moving average price is $95.91 and its 200 day moving average price is $93.86. The firm has a market cap of $3.45 billion, a P/E ratio of 19.39 and a beta of 0.78.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several large investors have recently modified their holdings of the stock. Sound Income Strategies LLC lifted its position in shares of iShares Russell Top 200 Value ETF by 12.2% during the first quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after purchasing an additional 123 shares during the last quarter. CreativeOne Wealth LLC raised its stake in iShares Russell Top 200 Value ETF by 3.7% during the fourth quarter. CreativeOne Wealth LLC now owns 3,514 shares of the company’s stock worth $323,000 after acquiring an additional 124 shares during the period. KFA Private Wealth Group LLC raised its stake 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 acquiring an additional 209 shares during the period. PNC Financial Services Group Inc. raised its stake in iShares Russell Top 200 Value ETF by 1.5% during the third quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock worth $1,254,000 after acquiring an additional 214 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its stake in iShares Russell Top 200 Value ETF by 8.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 2,744 shares of the company’s stock worth $252,000 after acquiring an additional 219 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.