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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX)’s stock price shot up 0.1% during mid-day trading on Thursday . The company traded as high as $79.70 and last traded at $79.62. 84,676 shares were traded during trading, an increase of 2% from the average session volume of 83,395 shares. The stock had previously closed at $79.57.

iShares Russell Top 200 Value ETF Stock Down 1.4 %

The firm has a market capitalization of $2.27 billion, a P/E ratio of 19.01 and a beta of 0.63. The company has a fifty day simple moving average of $81.75 and a 200 day simple moving average of $79.84.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

A number of hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased its stake in iShares Russell Top 200 Value ETF by 2.9% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 36,284 shares of the company’s stock valued at $2,715,000 after purchasing an additional 1,027 shares in the last quarter. Spectrum Wealth Counsel LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF during the second quarter valued at approximately $63,000. AE Wealth Management LLC increased its position in shares of iShares Russell Top 200 Value ETF by 4.2% during the second quarter. AE Wealth Management LLC now owns 952,600 shares of the company’s stock valued at $71,274,000 after acquiring an additional 38,814 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of iShares Russell Top 200 Value ETF by 131.9% during the second quarter. 1832 Asset Management L.P. now owns 5,353 shares of the company’s stock valued at $401,000 after acquiring an additional 3,045 shares in the last quarter. Finally, Affinity Capital Advisors LLC lifted its position in iShares Russell Top 200 Value ETF by 20.7% in the 2nd quarter. Affinity Capital Advisors LLC now owns 3,302 shares of the company’s stock valued at $247,000 after acquiring an additional 566 shares in 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.