IWX Stock Summary and Trading Ideas (iShares Russell Top 200 Value ETF | ARCA:IWX)

The iShares Russell Top 200 Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Russell Top 200® Value Index.

iShares Russell Top 200 Value ETF trades on the ARCA stock market under the symbol IWX.

As of April 19, 2024, IWX stock price climbed to $73.26 with 55,607 million shares trading.

IWX has a beta of 0.79, meaning it tends to be less sensitive to market movements. IWX has a correlation of 0.66 to the broad based SPY ETF.

IWX has a market cap of $2.06 billion. This is considered a Mid Cap stock.

In the last 3 years, IWX stock traded as high as $76.49 and as low as $57.03.

IWX stock has underperformed the market in the last year with a return of +12.0%, while SPY returned +21.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IWX shares. However, IWX has outperformed the market in the last 3 month and 2 week periods, returning +6.1% and -2.3%, while SPY returned +4.6% and -3.1%, respectively. This indicates IWX has been having a stronger performance recently.

IWX support price is $72.24 and resistance is $73.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWX stock will trade within this expected range on the day.