iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 52-Week High at $80.88

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $80.88 and last traded at $80.13, with a volume of 80323 shares trading hands. The stock had previously closed at $80.22.

iShares Russell Top 200 Value ETF Stock Down 0.2 %

The company has a market capitalization of $2.31 billion, a P/E ratio of 19.01 and a beta of 0.63. The business has a 50 day simple moving average of $77.98 and a 200-day simple moving average of $75.92.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Russell Top 200 Value ETF during the first quarter valued at about $123,000. Oppenheimer & Co. Inc. raised its position in iShares Russell Top 200 Value ETF by 8.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 34,800 shares of the company’s stock worth $2,442,000 after acquiring an additional 2,634 shares in the last quarter. Raymond James & Associates raised its position in iShares Russell Top 200 Value ETF by 5.5% in the second quarter. Raymond James & Associates now owns 64,100 shares of the company’s stock worth $4,796,000 after acquiring an additional 3,353 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in iShares Russell Top 200 Value ETF by 17.1% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 33,899 shares of the company’s stock worth $2,379,000 after acquiring an additional 4,950 shares in the last quarter. Finally, Kingdom Financial Group LLC. raised its position in iShares Russell Top 200 Value ETF by 10.0% in the second quarter. Kingdom Financial Group LLC. now owns 168,688 shares of the company’s stock worth $12,621,000 after acquiring an additional 15,304 shares in 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.