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

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) hit a new 52-week high during mid-day trading on Wednesday . The company 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 Price Performance

The company has a market cap of $1.62 billion, a P/E ratio of 27.78 and a beta of 1.01. The company has a 50 day moving average of $146.74 and a 200-day moving average of $140.95.

Institutional Investors Weigh In On iShares Russell Top 200 ETF

Hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in shares of iShares Russell Top 200 ETF during the 3rd quarter valued at about $35,000. Truvestments Capital LLC purchased a new position in shares of iShares Russell Top 200 ETF during the third quarter worth approximately $52,000. Franklin Resources Inc. bought a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter worth approximately $54,000. Centennial Bank AR purchased a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at $64,000. Finally, Investors Research Corp grew its holdings in shares of iShares Russell Top 200 ETF by 126.9% during the 3rd quarter. Investors Research Corp now owns 615 shares of the company’s stock valued at $86,000 after purchasing an additional 344 shares during 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.