iShares Russell Top 200 ETF (NYSEARCA:IWL) Reaches New 52-Week High – Here’s What Happened

by · The Markets Daily

iShares Russell Top 200 ETF (NYSEARCA:IWL – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $189.41 and last traded at $189.41, with a volume of 20345 shares trading hands. The stock had previously closed at $187.52.

iShares Russell Top 200 ETF Stock Up 1.8%

The business has a 50-day moving average price of $184.58 and a 200-day moving average price of $176.02. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 26.95 and a beta of 1.01.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IWL. GeoWealth Management LLC lifted its position in shares of iShares Russell Top 200 ETF by 0.5% in the third quarter. GeoWealth Management LLC now owns 14,295 shares of the company’s stock valued at $2,374,000 after acquiring an additional 66 shares in the last quarter. PKS Advisory Services LLC lifted its holdings in iShares Russell Top 200 ETF by 2.0% in the 4th quarter. PKS Advisory Services LLC now owns 4,748 shares of the company’s stock valued at $810,000 after purchasing an additional 95 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Russell Top 200 ETF by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 3,201 shares of the company’s stock valued at $514,000 after purchasing an additional 147 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in shares of iShares Russell Top 200 ETF by 2.2% during the 1st quarter. Cozad Asset Management Inc. now owns 7,842 shares of the company’s stock worth $1,258,000 after purchasing an additional 169 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares Russell Top 200 ETF by 93.1% during the third quarter. NewEdge Advisors LLC now owns 394 shares of the company’s stock worth $65,000 after buying an additional 190 shares in the last quarter.

iShares Russell Top 200 ETF Company Profile

(Get Free Report)

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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.

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