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

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) hit a new 52-week high on Wednesday . The stock traded as high as $180.82 and last traded at $180.82, with a volume of 7602 shares trading hands. The stock had previously closed at $179.38.

iShares Russell Top 200 ETF Trading Up 0.9%

The firm has a market cap of $2.19 billion, a P/E ratio of 26.95 and a beta of 1.01. The business’s fifty day simple moving average is $168.63 and its 200-day simple moving average is $169.70.

Institutional Trading of iShares Russell Top 200 ETF

Several large investors have recently modified their holdings of IWL. Garton & Associates Financial Advisors LLC bought a new position in iShares Russell Top 200 ETF during the 4th quarter valued at approximately $33,000. Root Financial Partners LLC bought a new stake in iShares Russell Top 200 ETF during the third quarter worth about $38,000. AE Wealth Management LLC boosted its position in shares of iShares Russell Top 200 ETF by 187.1% in the 3rd quarter. AE Wealth Management LLC now owns 244 shares of the company’s stock worth $40,000 after purchasing an additional 159 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of iShares Russell Top 200 ETF in the third quarter worth $41,000. Finally, Allworth Financial LP purchased a new stake in shares of iShares Russell Top 200 ETF in the third quarter worth $47,000.

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