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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high on Thursday . The stock traded as high as $98.49 and last traded at $98.02, with a volume of 31640 shares changing hands. The stock had previously closed at $97.77.

iShares Russell Top 200 Value ETF Trading Up 0.6%

The firm has a market capitalization of $3.72 billion, a PE ratio of 19.39 and a beta of 0.77. The company has a fifty day moving average price of $95.26 and a two-hundred day moving average price of $92.90.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Hedge funds have recently modified their holdings of the stock. Cornerstone Planning Group LLC acquired a new position in iShares Russell Top 200 Value ETF in the 4th quarter valued at $25,000. First Horizon Corp acquired a new position in shares of iShares Russell Top 200 Value ETF during the third quarter worth about $38,000. Richardson Financial Services Inc. purchased a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth about $49,000. CoreCap Advisors LLC lifted its position 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 purchasing an additional 356 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position 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 purchasing an additional 231 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.