iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Trading Up 0.1% – Here’s What Happened

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) were up 0.1% on Thursday . The stock traded as high as $79.70 and last traded at $79.62. Approximately 84,676 shares traded hands during 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 Price Performance

The stock has a fifty day simple moving average of $81.79 and a 200-day simple moving average of $79.82. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 19.01 and a beta of 0.63.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several large investors have recently made changes to their positions in IWX. Diversified Trust Co purchased a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at $248,000. JPMorgan Chase & Co. raised its holdings in iShares Russell Top 200 Value ETF by 9.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 192,582 shares of the company’s stock worth $15,651,000 after purchasing an additional 15,888 shares during the period. SMART Wealth LLC purchased a new position in iShares Russell Top 200 Value ETF during the third quarter worth approximately $360,000. B. Riley Wealth Advisors Inc. acquired a new stake in iShares Russell Top 200 Value ETF in the third quarter valued at approximately $5,561,000. Finally, Synovus Financial Corp grew its holdings in iShares Russell Top 200 Value ETF by 4.2% in the third quarter. Synovus Financial Corp now owns 9,798 shares of the company’s stock valued at $796,000 after purchasing 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.