iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Large Volume Increase – What’s Next?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw strong trading volume on Tuesday . 521,598 shares changed hands during mid-day trading, an increase of 157% from the previous session’s volume of 203,053 shares.The stock last traded at $83.52 and had previously closed at $83.82.

iShares Russell Top 200 Value ETF Stock Up 0.2 %

The business has a 50-day simple moving average of $81.25 and a 200-day simple moving average of $77.95. The company has a market cap of $2.41 billion, a PE ratio of 19.01 and a beta of 0.63.

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 business. Signaturefd LLC purchased a new stake in iShares Russell Top 200 Value ETF during the 2nd quarter worth approximately $27,000. Concourse Financial Group Securities Inc. raised its holdings in iShares Russell Top 200 Value ETF by 56.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 433 shares of the company’s stock valued at $35,000 after acquiring an additional 156 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in iShares Russell Top 200 Value ETF in the second quarter worth approximately $37,000. International Assets Investment Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 2nd quarter valued at approximately $50,000. Finally, Spectrum Wealth Counsel LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the second quarter worth $63,000.

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.