McKinley Carter Wealth Services Inc. Reduces Stake in iShares Russell Top 200 ETF $IWL

McKinley Carter Wealth Services Inc. trimmed its stake in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 207,352 shares of the company’s stock after selling 7,798 shares during the quarter. iShares Russell Top 200 ETF makes up 1.8% of McKinley Carter Wealth Services Inc.’s holdings, making the stock its 11th biggest position. McKinley Carter Wealth Services Inc. owned approximately 1.83% of iShares Russell Top 200 ETF worth $31,750,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWL. Voya Investment Management LLC lifted its stake in shares of iShares Russell Top 200 ETF by 345.3% during the 1st quarter. Voya Investment Management LLC now owns 48,786 shares of the company’s stock valued at $6,704,000 after buying an additional 37,831 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell Top 200 ETF by 10.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 58,752 shares of the company’s stock valued at $8,073,000 after buying an additional 5,688 shares in the last quarter. Wooster Corthell Wealth Management Inc. lifted its stake in shares of iShares Russell Top 200 ETF by 21.9% during the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 8,331 shares of the company’s stock valued at $1,276,000 after buying an additional 1,498 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of iShares Russell Top 200 ETF during the 1st quarter valued at approximately $305,000. Finally, NBC Securities Inc. purchased a new stake in shares of iShares Russell Top 200 ETF during the 1st quarter valued at approximately $26,000.

iShares Russell Top 200 ETF Trading Down 0.2%

Shares of IWL stock opened at $167.62 on Friday. The firm’s 50 day moving average is $161.91 and its 200 day moving average is $150.21. The stock has a market capitalization of $1.89 billion, a P/E ratio of 26.95 and a beta of 0.99. iShares Russell Top 200 ETF has a 12 month low of $118.75 and a 12 month high of $168.13.

About iShares Russell Top 200 ETF

iShares Russell Top 200 ETF (the Fund), formerly iShares Russell Top 200 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Index (the Index). The Index is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the United States equity market.