iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Trading Up 0.1% – Here’s Why

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price rose 0.1% on Thursday . The stock traded as high as $79.70 and last traded at $79.62. Approximately 84,676 shares changed hands during trading, an increase of 2% from the average daily volume of 83,395 shares. The stock had previously closed at $79.57.

iShares Russell Top 200 Value ETF Stock Performance

The company has a fifty day moving average of $81.79 and a two-hundred day moving average of $79.82. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. AE Wealth Management LLC boosted its holdings in iShares Russell Top 200 Value ETF by 4.2% in the 2nd quarter. AE Wealth Management LLC now owns 952,600 shares of the company’s stock valued at $71,274,000 after purchasing an additional 38,814 shares during the period. Pegasus Partners Ltd. raised its position in shares of iShares Russell Top 200 Value ETF by 11.5% in the third quarter. Pegasus Partners Ltd. now owns 859,955 shares of the company’s stock valued at $69,889,000 after buying an additional 88,443 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter valued at approximately $63,834,000. Principal Securities Inc. bought a new position in iShares Russell Top 200 Value ETF during the 3rd quarter worth $28,198,000. Finally, World Investment Advisors LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter valued at $23,618,000.

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.