iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw unusually-high trading volume on Tuesday . Approximately 681,110 shares traded hands during mid-day trading, an increase of 190% from the previous session’s volume of 234,709 shares.The stock last traded at $91.44 and had previously closed at $92.29.

iShares Russell Top 200 Value ETF Trading Up 0.2%

The firm’s fifty day moving average price is $89.58 and its 200 day moving average price is $86.79. The firm has a market capitalization of $2.98 billion, a PE ratio of 19.39 and a beta of 0.82.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. First Horizon Corp purchased a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter worth about $38,000. CoreCap Advisors LLC lifted its holdings in iShares Russell Top 200 Value ETF by 195.6% in the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after acquiring an additional 356 shares during the period. Tower Research Capital LLC TRC lifted 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 valued at $66,000 after acquiring an additional 231 shares during the period. Advisory Services Network LLC purchased a new stake in iShares Russell Top 200 Value ETF in the 3rd quarter worth approximately $76,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of iShares Russell Top 200 Value ETF by 157.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock worth $86,000 after purchasing an additional 627 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.