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

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) reached a new 52-week high on Wednesday . The stock traded as high as $151.30 and last traded at $151.34, with a volume of 8963 shares traded. The stock had previously closed at $151.23.

iShares Russell Top 200 ETF Trading Up 0.2 %

The stock has a market cap of $1.74 billion, a P/E ratio of 28.61 and a beta of 1.00. The company has a 50 day simple moving average of $147.88 and a 200 day simple moving average of $142.97.

Institutional Trading of iShares Russell Top 200 ETF

Several institutional investors and hedge funds have recently bought and sold shares of IWL. Richmond Investment Services LLC bought a new stake in shares of iShares Russell Top 200 ETF in the 4th quarter valued at about $25,226,000. Waverly Advisors LLC acquired a new stake in iShares Russell Top 200 ETF in the 4th quarter worth about $3,444,000. Two Sigma Investments LP bought a new stake in shares of iShares Russell Top 200 ETF in the fourth quarter valued at approximately $6,107,000. Royal Bank of Canada raised its holdings in iShares Russell Top 200 ETF by 22.6% in the 4th quarter. Royal Bank of Canada now owns 134,460 shares of the company’s stock valued at $19,457,000 after acquiring an additional 24,776 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in shares of iShares Russell Top 200 ETF during the 4th quarter worth $584,000.

About iShares Russell Top 200 ETF

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.