iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Large Volume Increase – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw strong trading volume on Friday . 571,191 shares were traded during mid-day trading, an increase of 121% from the previous session’s volume of 258,358 shares.The stock last traded at $94.9490 and had previously closed at $95.44.

iShares Russell Top 200 Value ETF Price Performance

The company has a market cap of $3.81 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The business’s fifty day moving average price is $91.99 and its 200 day moving average price is $88.60.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC increased its stake in shares of iShares Russell Top 200 Value ETF by 6.9% in the second quarter. Sound Income Strategies LLC now owns 2,019 shares of the company’s stock valued at $170,000 after buying an additional 130 shares during the period. CreativeOne Wealth LLC increased its position in iShares Russell Top 200 Value ETF by 4.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 3,390 shares of the company’s stock valued at $298,000 after purchasing an additional 158 shares during the period. First Horizon Advisors Inc. increased its position in iShares Russell Top 200 Value ETF by 14.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,318 shares of the company’s stock valued at $111,000 after purchasing an additional 168 shares during the period. KFA Private Wealth Group LLC raised its holdings in iShares Russell Top 200 Value ETF by 8.4% during the 4th quarter. KFA Private Wealth Group LLC now owns 2,703 shares of the company’s stock worth $248,000 after purchasing an additional 209 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares Russell Top 200 Value ETF by 1.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock worth $1,254,000 after purchasing an additional 214 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.