iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Large Volume Increase

iShares Russell Top 200 ETF (NYSEARCA:IWLGet Rating) shares saw unusually-high trading volume on Thursday . Approximately 10,276 shares traded hands during trading, a decline of 93% from the previous session’s volume of 147,800 shares.The stock last traded at $90.02 and had previously closed at $89.20.

The stock’s fifty day moving average price is $96.26 and its 200-day moving average price is $103.87.

A number of hedge funds have recently added to or reduced their stakes in IWL. Morgan Stanley boosted its position in iShares Russell Top 200 ETF by 3.9% during the third quarter. Morgan Stanley now owns 206,852 shares of the company’s stock worth $21,314,000 after purchasing an additional 7,822 shares during the period. Royal Bank of Canada boosted its position in shares of iShares Russell Top 200 ETF by 39.5% in the third quarter. Royal Bank of Canada now owns 33,793 shares of the company’s stock valued at $3,482,000 after acquiring an additional 9,573 shares during the period. MML Investors Services LLC boosted its position in shares of iShares Russell Top 200 ETF by 1.6% in the third quarter. MML Investors Services LLC now owns 10,726 shares of the company’s stock valued at $1,105,000 after acquiring an additional 168 shares during the period. LPL Financial LLC boosted its position in shares of iShares Russell Top 200 ETF by 3.4% in the third quarter. LPL Financial LLC now owns 46,796 shares of the company’s stock valued at $4,822,000 after acquiring an additional 1,539 shares during the period. Finally, Cetera Advisor Networks LLC boosted its position in shares of iShares Russell Top 200 ETF by 8.2% in the third quarter. Cetera Advisor Networks LLC now owns 26,807 shares of the company’s stock valued at $2,762,000 after acquiring an additional 2,039 shares during the period.

About iShares Russell Top 200 ETF (NYSEARCA:IWL)

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.

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