iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 12-Month High – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $83.13 and last traded at $83.10, with a volume of 6400 shares trading hands. The stock had previously closed at $83.03.

iShares Russell Top 200 Value ETF Price Performance

The stock has a market capitalization of $2.40 billion, a P/E ratio of 19.01 and a beta of 0.63. The company’s 50 day simple moving average is $80.12 and its two-hundred day simple moving average is $76.95.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of large investors have recently bought and sold shares of IWX. Massmutual Trust Co. FSB ADV bought a new stake in iShares Russell Top 200 Value ETF during the 1st quarter worth about $123,000. Compton Wealth Advisory Group LLC increased its holdings in shares of iShares Russell Top 200 Value ETF by 0.7% in the first quarter. Compton Wealth Advisory Group LLC now owns 251,156 shares of the company’s stock valued at $19,168,000 after purchasing an additional 1,826 shares in the last quarter. Affinity Capital Advisors LLC bought a new position in iShares Russell Top 200 Value ETF in the 1st quarter worth approximately $209,000. Bryn Mawr Capital Management LLC raised its position in iShares Russell Top 200 Value ETF by 40.6% in the 1st quarter. Bryn Mawr Capital Management LLC now owns 123,879 shares of the company’s stock worth $9,469,000 after purchasing an additional 35,799 shares during the last quarter. Finally, 9258 Wealth Management LLC lifted its holdings in iShares Russell Top 200 Value ETF by 2.6% during the 1st quarter. 9258 Wealth Management LLC now owns 207,862 shares of the company’s stock worth $15,864,000 after buying an additional 5,221 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.