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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price reached a new 52-week high on Wednesday . The company traded as high as $108.72 and last traded at $108.13, with a volume of 206004 shares. The stock had previously closed at $107.72.

iShares Russell Top 200 Value ETF Stock Up 0.4%

The firm has a market capitalization of $3.89 billion, a P/E ratio of 19.39 and a beta of 0.77. The firm’s 50-day simple moving average is $103.64 and its 200-day simple moving average is $98.04.

Institutional Trading of iShares Russell Top 200 Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in iShares Russell Top 200 Value ETF during the first quarter valued at approximately $1,363,000. Qube Research & Technologies Ltd lifted its holdings in shares of iShares Russell Top 200 Value ETF by 157.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock worth $86,000 after acquiring an additional 627 shares during the last quarter. Quantinno Capital Management LP purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 2nd quarter valued at $607,000. Raymond James Financial Inc. boosted its stake in shares of iShares Russell Top 200 Value ETF by 16.1% in the 2nd quarter. Raymond James Financial Inc. now owns 118,934 shares of the company’s stock valued at $10,013,000 after purchasing an additional 16,511 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of iShares Russell Top 200 Value ETF by 2.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 12,071 shares of the company’s stock valued at $1,016,000 after purchasing an additional 328 shares during the last quarter.

iShares Russell Top 200 Value ETF Company Profile

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.