iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Trading 0.1% Higher – Still a Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares were up 0.1% during mid-day trading on Thursday . The stock traded as high as $79.70 and last traded at $79.62. Approximately 84,676 shares were traded 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 stock has a 50-day moving average of $81.79 and a 200-day moving average of $79.82. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Institutional Trading of iShares Russell Top 200 Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of IWX. Diversified Trust Co bought a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at $248,000. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell Top 200 Value ETF by 9.0% in the third quarter. JPMorgan Chase & Co. now owns 192,582 shares of the company’s stock valued at $15,651,000 after purchasing an additional 15,888 shares during the last quarter. SMART Wealth LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the third quarter valued at about $360,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the 3rd quarter worth about $5,561,000. Finally, Synovus Financial Corp boosted its holdings in shares of iShares Russell Top 200 Value ETF by 4.2% during the 3rd quarter. Synovus Financial Corp now owns 9,798 shares of the company’s stock worth $796,000 after buying an additional 395 shares during the period.

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.