iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) saw unusually-strong trading volume on Monday . Approximately 66,228 shares were traded during trading, a decline of 1% from the previous session’s volume of 66,851 shares.The stock last traded at $146.37 and had previously closed at $146.67.

iShares Russell Top 200 ETF Stock Down 2.3 %

The stock’s fifty day moving average price is $147.91 and its 200-day moving average price is $144.00. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 28.61 and a beta of 1.00.

Institutional Trading of iShares Russell Top 200 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new position in shares of iShares Russell Top 200 ETF during the 3rd quarter worth about $35,000. Jones Financial Companies Lllp acquired a new position in iShares Russell Top 200 ETF during the fourth quarter worth approximately $40,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell Top 200 ETF in the fourth quarter valued at approximately $51,000. Truvestments Capital LLC acquired a new stake in shares of iShares Russell Top 200 ETF in the third quarter valued at approximately $52,000. Finally, Franklin Resources Inc. bought a new position in shares of iShares Russell Top 200 ETF during the 3rd quarter worth approximately $54,000.

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.