iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 1-Year High – Should You Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $109.20 and last traded at $109.07, with a volume of 11161 shares. The stock had previously closed at $108.28.

iShares Russell Top 200 Value ETF Stock Up 0.6%

The company’s fifty day simple moving average is $105.45 and its 200 day simple moving average is $99.47. The firm has a market capitalization of $4.07 billion, a PE ratio of 19.39 and a beta of 0.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC grew its stake in iShares Russell Top 200 Value ETF by 12.2% in 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 period. CreativeOne Wealth LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 3.7% during the 4th quarter. CreativeOne Wealth LLC now owns 3,514 shares of the company’s stock valued at $323,000 after buying an additional 124 shares in the last quarter. Financial Engines Advisors L.L.C. grew its position in shares of iShares Russell Top 200 Value ETF by 8.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,744 shares of the company’s stock worth $252,000 after buying an additional 219 shares during the period. SMART Wealth LLC grew its holdings in iShares Russell Top 200 Value ETF by 2.6% in the first quarter. SMART Wealth LLC now owns 8,959 shares of the company’s stock worth $830,000 after purchasing an additional 223 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after purchasing an additional 231 shares during the period.

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.