iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Stock Price Up 0.1% – Should You Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) were up 0.1% during trading on Thursday . The company traded as high as $79.70 and last traded at $79.62. Approximately 84,676 shares changed hands during mid-day 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 market capitalization of $2.30 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63. The business’s 50 day moving average is $81.79 and its 200 day moving average is $79.82.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Concourse Financial Group Securities Inc. boosted its position 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 buying an additional 156 shares during the last quarter. Spectrum Wealth Counsel LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 2nd quarter valued at $63,000. QRG Capital Management Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the third quarter worth $204,000. Affinity Capital Advisors LLC raised its holdings in shares of iShares Russell Top 200 Value ETF by 20.7% during the second quarter. Affinity Capital Advisors LLC now owns 3,302 shares of the company’s stock worth $247,000 after purchasing an additional 566 shares during the last quarter. Finally, Brophy Wealth Management LLC acquired a new position in iShares Russell Top 200 Value ETF during the third quarter valued at $248,000.

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.