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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw unusually-strong trading volume on Tuesday . Approximately 249,877 shares were traded during trading, an increase of 130% from the previous session’s volume of 108,856 shares.The stock last traded at $82.19 and had previously closed at $83.71.

iShares Russell Top 200 Value ETF Stock Performance

The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 20.33 and a beta of 0.89. The company has a 50 day moving average of $82.07 and a 200 day moving average of $81.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IWX. Lido Advisors LLC acquired a new position in iShares Russell Top 200 Value ETF during the 4th quarter worth $75,557,000. Orion Portfolio Solutions LLC purchased a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth about $63,834,000. SVB Wealth LLC lifted its holdings in iShares Russell Top 200 Value ETF by 202.0% during the 4th 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. World Investment Advisors LLC purchased a new stake in iShares Russell Top 200 Value ETF during the 3rd quarter worth about $23,618,000. Finally, Waverly Advisors LLC purchased a new stake in iShares Russell Top 200 Value ETF during the 4th quarter worth about $15,939,000.

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.