iShares Russell Top 200 ETF (NYSEARCA:IWL) Reaches New 12-Month High – Here’s Why

iShares Russell Top 200 ETF (NYSEARCA:IWL)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $150.29 and last traded at $150.24, with a volume of 24441 shares traded. The stock had previously closed at $148.75.

iShares Russell Top 200 ETF Trading Down 0.2 %

The stock’s 50-day moving average price is $146.91 and its 200-day moving average price is $141.08. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC grew its holdings in iShares Russell Top 200 ETF by 2.7% in the third quarter. Sanctuary Advisors LLC now owns 2,731 shares of the company’s stock worth $398,000 after purchasing an additional 72 shares during the period. Orin Green Financial LLC increased its position in iShares Russell Top 200 ETF by 1.7% in the 3rd quarter. Orin Green Financial LLC now owns 4,917 shares of the company’s stock valued at $691,000 after buying an additional 83 shares in the last quarter. MML Investors Services LLC increased its position in iShares Russell Top 200 ETF by 1.0% in the 3rd quarter. MML Investors Services LLC now owns 13,014 shares of the company’s stock valued at $1,828,000 after buying an additional 131 shares in the last quarter. FMR LLC raised its stake in iShares Russell Top 200 ETF by 2.4% during the 3rd quarter. FMR LLC now owns 7,341 shares of the company’s stock worth $1,031,000 after buying an additional 175 shares during the period. Finally, Captrust Financial Advisors boosted its holdings in iShares Russell Top 200 ETF by 9.1% in the third quarter. Captrust Financial Advisors now owns 2,430 shares of the company’s stock worth $341,000 after acquiring an additional 203 shares in the last quarter.

iShares Russell Top 200 ETF Company Profile

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.