iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 52-Week High – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price hit a new 52-week high on Thursday . The stock traded as high as $104.19 and last traded at $103.82, with a volume of 131404 shares traded. The stock had previously closed at $103.97.

iShares Russell Top 200 Value ETF Trading Down 0.1%

The company’s 50 day moving average price is $97.65 and its two-hundred day moving average price is $95.01. The firm has a market cap of $3.51 billion, a PE ratio of 19.39 and a beta of 0.78.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. TIAA Trust National Association lifted its stake in shares of iShares Russell Top 200 Value ETF by 1.6% during the 4th quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock valued at $1,133,934,000 after buying an additional 198,318 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Russell Top 200 Value ETF by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,332,301 shares of the company’s stock valued at $581,685,000 after buying an additional 93,664 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in shares of iShares Russell Top 200 Value ETF by 1.3% during the 4th quarter. First Citizens Bank & Trust Co. now owns 5,983,534 shares of the company’s stock valued at $549,647,000 after buying an additional 77,178 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of iShares Russell Top 200 Value ETF by 3.2% during the 4th quarter. AE Wealth Management LLC now owns 1,081,107 shares of the company’s stock valued at $99,311,000 after buying an additional 33,150 shares in the last quarter. Finally, Clark Capital Management Group Inc. purchased a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at $66,327,000.

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. 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.