iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw unusually-high trading volume on Tuesday . Approximately 521,598 shares were traded during mid-day trading, an increase of 157% from the previous session’s volume of 203,053 shares.The stock last traded at $83.52 and had previously closed at $83.82.

iShares Russell Top 200 Value ETF Stock Performance

The stock has a market capitalization of $2.40 billion, a P/E ratio of 19.01 and a beta of 0.63. The firm has a 50-day moving average price of $81.11 and a 200 day moving average price of $77.84.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of large investors have recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. raised its position in shares of iShares Russell Top 200 Value ETF by 56.3% during the 3rd 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 in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of iShares Russell Top 200 Value ETF by 4.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 5,855 shares of the company’s stock valued at $476,000 after buying an additional 253 shares during the period. Signaturefd LLC purchased a new stake in iShares Russell Top 200 Value ETF in the 2nd quarter worth $27,000. Oppenheimer & Co. Inc. lifted its stake in shares of iShares Russell Top 200 Value ETF by 1.0% in the third quarter. Oppenheimer & Co. Inc. now owns 36,653 shares of the company’s stock worth $2,979,000 after buying an additional 369 shares in the last quarter. Finally, FSA Advisors Inc. increased its position in iShares Russell Top 200 Value ETF by 14.1% during the third quarter. FSA Advisors Inc. now owns 3,901 shares of the company’s stock worth $292,000 after purchasing an additional 483 shares during the last quarter.

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.