iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Strong Trading Volume – Still a Buy?

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) shares saw an uptick in trading volume on Tuesday . 552,887 shares were traded during mid-day trading, an increase of 131% from the previous session’s volume of 239,085 shares.The stock last traded at $75.58 and had previously closed at $74.03.

iShares Russell Top 200 Value ETF Stock Down 1.9 %

The firm has a market cap of $2.72 billion, a PE ratio of 19.90 and a beta of 0.88. The company’s fifty day moving average price is $82.38 and its two-hundred day moving average price is $81.91.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of institutional investors have recently modified their holdings of IWX. FPC Investment Advisory Inc. purchased a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at about $42,000. Centricity Wealth Management LLC purchased a new position in iShares Russell Top 200 Value ETF in the 4th quarter valued at approximately $54,000. Capital A Wealth Management LLC purchased a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth $58,000. AdvisorNet Financial Inc acquired a new stake in iShares Russell Top 200 Value ETF in the first quarter valued at $122,000. Finally, GeoWealth Management LLC raised its stake in shares of iShares Russell Top 200 Value ETF by 637.7% during the 4th quarter. GeoWealth Management LLC now owns 1,896 shares of the company’s stock worth $150,000 after buying an additional 1,639 shares during the last quarter.

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.