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

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw strong trading volume on Tuesday. 646,963 shares changed hands during trading, an increase of 105% from the previous session’s volume of 316,067 shares. The stock last traded at $110.71 and had previously closed at $110.11.

iShares Russell Top 200 Value ETF Trading Down 0.1%

The firm has a market cap of $3.70 billion, a P/E ratio of 19.39 and a beta of 0.77. The stock has a 50 day simple moving average of $111.78 and a 200-day simple moving average of $105.42.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Institutional investors have recently bought and sold shares of the business. KFA Private Wealth Group LLC raised its holdings in iShares Russell Top 200 Value ETF by 30.9% during the 3rd quarter. KFA Private Wealth Group LLC now owns 5,970 shares of the company’s stock valued at $654,000 after buying an additional 1,410 shares during the period. SigFig Wealth Management LLC bought a new position in iShares Russell Top 200 Value ETF during the third quarter valued at $3,838,000. Eastern Bank purchased a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $199,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter valued at $85,000. Finally, SVB Wealth LLC lifted its holdings in shares of iShares Russell Top 200 Value ETF by 3.9% in the 2nd quarter. SVB Wealth LLC now owns 477,994 shares of the company’s stock worth $50,266,000 after acquiring an additional 18,046 shares during the last quarter.

iShares Russell Top 200 Value ETF Company Profile

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.