iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 1-Year High – Should You Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price 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 traded. The stock had previously closed at $81.05.

iShares Russell Top 200 Value ETF Price Performance

The stock’s 50 day simple moving average is $81.05 and its two-hundred day simple moving average is $77.73. The company has a market capitalization of $2.41 billion, a P/E ratio of 19.01 and a beta of 0.63.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IWX. TIAA Trust National Association boosted 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 purchasing an additional 860,698 shares during the last quarter. Principal Securities Inc. bought a new position in iShares Russell Top 200 Value ETF in the third quarter valued at approximately $28,198,000. SVB Wealth LLC grew its holdings in 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 worth $36,770,000 after acquiring an additional 236,257 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter valued at $8,108,000. Finally, Pegasus Partners Ltd. boosted its position in shares of iShares Russell Top 200 Value ETF by 11.5% in 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 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.