iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 52-Week High – Time to Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s share price reached a new 52-week high on Thursday . The stock traded as high as $113.94 and last traded at $113.9410, with a volume of 28152 shares traded. The stock had previously closed at $112.79.

iShares Russell Top 200 Value ETF Price Performance

The stock has a 50 day simple moving average of $109.91 and a 200-day simple moving average of $102.69. The firm has a market cap of $4.11 billion, a PE ratio of 19.39 and a beta of 0.77.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the first quarter valued at approximately $55,000. Bessemer Group Inc. purchased a new position in iShares Russell Top 200 Value ETF in the 1st quarter worth approximately $61,000. Tower Research Capital LLC TRC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 42.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after purchasing an additional 231 shares during the last quarter. Harbour Investments Inc. increased its position in iShares Russell Top 200 Value ETF by 101.7% in the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock worth $76,000 after purchasing an additional 418 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in iShares Russell Top 200 Value ETF during the third quarter valued at approximately $76,000.

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. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.