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

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw strong trading volume on Wednesday . 195,298 shares traded hands during trading, an increase of 108% from the previous session’s volume of 93,716 shares.The stock last traded at $83.55 and had previously closed at $83.09.

iShares Russell Top 200 Value ETF Price Performance

The firm’s fifty day moving average is $81.46 and its 200-day moving average is $80.68. The firm has a market cap 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

Several large investors have recently modified their holdings of the stock. Orion Portfolio Solutions LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the 3rd quarter worth $63,834,000. SVB Wealth LLC raised its holdings in iShares Russell Top 200 Value ETF by 202.0% during the fourth quarter. SVB Wealth LLC now owns 717,934 shares of the company’s stock worth $56,738,000 after buying an additional 480,181 shares during the last quarter. Principal Securities Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $28,198,000. World Investment Advisors LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $23,618,000. Finally, MML Investors Services LLC grew its holdings in shares of iShares Russell Top 200 Value ETF by 220.3% during the third quarter. MML Investors Services LLC now owns 192,556 shares of the company’s stock valued at $15,649,000 after buying an additional 132,437 shares during 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.