iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Hits New 52-Week High – What’s Next?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) hit a new 52-week high on Thursday . The company traded as high as $106.97 and last traded at $106.97, with a volume of 11447 shares changing hands. The stock had previously closed at $105.95.

iShares Russell Top 200 Value ETF Stock Performance

The company has a market cap of $3.60 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. The business has a fifty day moving average price of $103.26 and a 200 day moving average price of $97.76.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IWX. TIAA Trust National Association grew its holdings in shares of iShares Russell Top 200 Value ETF by 1.6% during the 4th quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock valued at $1,133,934,000 after purchasing an additional 198,318 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares Russell Top 200 Value ETF by 1.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,332,301 shares of the company’s stock valued at $581,685,000 after purchasing an additional 93,664 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in iShares Russell Top 200 Value ETF by 1.3% in the fourth quarter. First Citizens Bank & Trust Co. now owns 5,983,534 shares of the company’s stock valued at $549,647,000 after buying an additional 77,178 shares in the last quarter. AE Wealth Management LLC boosted its position in iShares Russell Top 200 Value ETF by 3.2% in the fourth quarter. AE Wealth Management LLC now owns 1,081,107 shares of the company’s stock valued at $99,311,000 after buying an additional 33,150 shares in the last quarter. Finally, Clark Capital Management Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $66,327,000.

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.