iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Up 0.1% – Still a Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price rose 0.1% during mid-day trading on Thursday . The stock traded as high as $79.70 and last traded at $79.62. Approximately 84,676 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 83,395 shares. The stock had previously closed at $79.57.

iShares Russell Top 200 Value ETF Price Performance

The company’s 50-day simple moving average is $81.75 and its 200-day simple moving average is $79.84. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of hedge funds have recently bought and sold shares of the business. Diversified Trust Co bought a new position in iShares Russell Top 200 Value ETF in the fourth quarter worth about $248,000. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell Top 200 Value ETF by 9.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 192,582 shares of the company’s stock worth $15,651,000 after acquiring an additional 15,888 shares in the last quarter. SMART Wealth LLC purchased a new position in shares of iShares Russell Top 200 Value ETF in the third quarter worth approximately $360,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $5,561,000. Finally, Synovus Financial Corp grew its stake in iShares Russell Top 200 Value ETF by 4.2% during the 3rd quarter. Synovus Financial Corp now owns 9,798 shares of the company’s stock valued at $796,000 after acquiring an additional 395 shares in 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.