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

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $84.29 and last traded at $84.29, with a volume of 52615 shares trading hands. The stock had previously closed at $83.64.

iShares Russell Top 200 Value ETF Price Performance

The firm’s fifty day moving average price is $81.81 and its 200-day moving average price is $78.39. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. TIAA Trust National Association grew its stake in shares of iShares Russell Top 200 Value ETF by 9.1% in the second quarter. TIAA Trust National Association now owns 10,333,642 shares of the company’s stock worth $773,163,000 after purchasing an additional 860,698 shares in the last quarter. AE Wealth Management LLC grew its position in iShares Russell Top 200 Value ETF by 4.2% in the 2nd quarter. AE Wealth Management LLC now owns 952,600 shares of the company’s stock valued at $71,274,000 after buying an additional 38,814 shares in the last quarter. Pegasus Partners Ltd. grew its position in iShares Russell Top 200 Value ETF by 11.5% in the 3rd quarter. Pegasus Partners Ltd. now owns 859,955 shares of the company’s stock valued at $69,889,000 after buying an additional 88,443 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new position in iShares Russell Top 200 Value ETF during the 3rd quarter valued at about $63,834,000. Finally, First Citizens Asset Management Inc. raised its position in shares of iShares Russell Top 200 Value ETF by 3.2% during the 1st quarter. First Citizens Asset Management Inc. now owns 714,841 shares of the company’s stock worth $54,557,000 after buying an additional 21,836 shares in 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.