iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 52-Week High – Should You Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares 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 traded. The stock had previously closed at $107.72.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market cap of $3.87 billion, a PE ratio of 19.39 and a beta of 0.77. The firm’s 50 day moving average is $103.99 and its 200-day moving average is $98.27.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of large investors have recently made changes to their positions in the stock. Sound Income Strategies LLC increased its holdings in shares of 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 valued at $105,000 after purchasing an additional 123 shares during the last quarter. CreativeOne Wealth LLC boosted 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 buying an additional 124 shares during the last quarter. KFA Private Wealth Group LLC grew its holdings in iShares Russell Top 200 Value ETF by 8.4% in the 4th quarter. KFA Private Wealth Group LLC now owns 2,703 shares of the company’s stock valued at $248,000 after buying an additional 209 shares in the last quarter. Financial Engines Advisors L.L.C. grew its holdings in 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 valued at $252,000 after buying an additional 219 shares in the last quarter. Finally, SMART Wealth LLC increased its stake in shares of iShares Russell Top 200 Value ETF by 2.6% in the 1st quarter. SMART Wealth LLC now owns 8,959 shares of the company’s stock worth $830,000 after acquiring an additional 223 shares during 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.