iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Reaches New 1-Year High – Still a Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) hit a new 52-week high during trading on Wednesday . The company traded as high as $83.28 and last traded at $83.24, with a volume of 2317 shares trading hands. The stock had previously closed at $81.05.

iShares Russell Top 200 Value ETF Stock Performance

The business’s 50-day moving average is $81.05 and its two-hundred day moving average is $77.73. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Institutional Trading of iShares Russell Top 200 Value ETF

Large investors have recently made changes to their positions in the company. TIAA Trust National Association grew its stake in iShares Russell Top 200 Value ETF by 9.1% in the second quarter. TIAA Trust National Association now owns 10,333,642 shares of the company’s stock valued at $773,163,000 after acquiring an additional 860,698 shares during the period. AE Wealth Management LLC grew its position in shares of iShares Russell Top 200 Value ETF by 4.2% in the 2nd quarter. AE Wealth Management LLC now owns 952,600 shares of the company’s stock valued at $71,274,000 after purchasing an additional 38,814 shares during the period. Pegasus Partners Ltd. increased its stake in iShares Russell Top 200 Value ETF by 11.5% during the 3rd quarter. Pegasus Partners Ltd. now owns 859,955 shares of the company’s stock worth $69,889,000 after purchasing an additional 88,443 shares in the last quarter. First Citizens Asset Management Inc. raised its holdings in iShares Russell Top 200 Value ETF by 3.2% during the 1st quarter. First Citizens Asset Management Inc. now owns 714,841 shares of the company’s stock worth $54,557,000 after buying an additional 21,836 shares during the period. Finally, SVB Wealth LLC lifted its stake in iShares Russell Top 200 Value ETF by 20.2% in the second quarter. SVB Wealth LLC now owns 579,194 shares of the company’s stock valued at $43,335,000 after buying an additional 97,403 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.