iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw unusually-strong trading volume on Wednesday . Approximately 279,947 shares changed hands during trading, an increase of 1% from the previous session’s volume of 277,359 shares.The stock last traded at $97.2350 and had previously closed at $96.77.

iShares Russell Top 200 Value ETF Price Performance

The company’s 50-day simple moving average is $94.35 and its two-hundred day simple moving average is $90.16. The firm has a market capitalization of $3.82 billion, a P/E ratio of 19.39 and a beta of 0.82.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CreativeOne Wealth LLC increased its holdings in iShares Russell Top 200 Value ETF by 3.7% in the 4th quarter. CreativeOne Wealth LLC now owns 3,514 shares of the company’s stock worth $323,000 after acquiring an additional 124 shares in the last quarter. First Horizon Advisors Inc. boosted its position in shares of iShares Russell Top 200 Value ETF by 14.6% in the second quarter. First Horizon Advisors Inc. now owns 1,318 shares of the company’s stock worth $111,000 after purchasing an additional 168 shares during the period. KFA Private Wealth Group LLC increased its stake in shares of iShares Russell Top 200 Value ETF by 8.4% in the fourth 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 in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares Russell Top 200 Value ETF by 1.5% in the third 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 in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its position in shares of iShares Russell Top 200 Value ETF by 8.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,744 shares of the company’s stock valued at $252,000 after purchasing an additional 219 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.