iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Strong Trading Volume – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw an uptick in trading volume on Wednesday . 474,474 shares traded hands during mid-day trading, an increase of 181% from the previous session’s volume of 168,710 shares.The stock last traded at $82.92 and had previously closed at $82.36.

iShares Russell Top 200 Value ETF Stock Up 0.8 %

The firm has a market capitalization of $2.40 billion, a P/E ratio of 19.01 and a beta of 0.63. The firm has a 50 day moving average of $79.69 and a 200-day moving average of $76.82.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. lifted its stake in iShares Russell Top 200 Value ETF by 16.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 7,098,465 shares of the company’s stock valued at $541,755,000 after purchasing an additional 982,341 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of iShares Russell Top 200 Value ETF by 9.1% in the 2nd 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 last quarter. SVB Wealth LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 96.2% during the 1st quarter. SVB Wealth LLC now owns 481,791 shares of the company’s stock valued at $36,770,000 after acquiring an additional 236,257 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares Russell Top 200 Value ETF during the 2nd quarter worth $8,108,000. Finally, Cetera Investment Advisers acquired a new position in iShares Russell Top 200 Value ETF in the 1st quarter worth about $5,328,000.

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.