iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 1-Year High – Here’s What Happened

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during trading on Thursday . The stock traded as high as $113.94 and last traded at $113.9410, with a volume of 28152 shares. The stock had previously closed at $112.79.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market cap of $4.11 billion, a P/E ratio of 19.39 and a beta of 0.77. The business’s fifty day moving average is $109.91 and its two-hundred day moving average is $102.69.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IWX. TIAA Trust National Association increased its stake in shares of iShares Russell Top 200 Value ETF by 1.6% during the fourth 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 during the period. Envestnet Portfolio Solutions Inc. raised its stake in iShares Russell Top 200 Value ETF by 1.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,332,301 shares of the company’s stock worth $581,685,000 after buying an additional 93,664 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in iShares Russell Top 200 Value ETF by 1.3% in the fourth quarter. First Citizens Bank & Trust Co. now owns 5,983,534 shares of the company’s stock worth $549,647,000 after buying an additional 77,178 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the fourth quarter valued at about $66,327,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the second quarter valued at about $72,861,000.

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.