iShares Russell Top 200 ETF (NYSEARCA:IWL) Reaches New 1-Year High – Here’s What Happened

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) hit a new 52-week high during trading on Thursday . The company traded as high as $192.66 and last traded at $192.66, with a volume of 5781 shares. The stock had previously closed at $191.22.

iShares Russell Top 200 ETF Stock Down 0.2%

The firm’s fifty day moving average price is $185.31 and its two-hundred day moving average price is $177.25. The stock has a market capitalization of $2.29 billion, a PE ratio of 26.95 and a beta of 1.01.

Institutional Investors Weigh In On iShares Russell Top 200 ETF

Large investors have recently added to or reduced their stakes in the stock. Morgan Stanley raised its stake in iShares Russell Top 200 ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 728,697 shares of the company’s stock valued at $124,338,000 after buying an additional 45,442 shares during the last quarter. Bank of America Corp DE lifted its position in iShares Russell Top 200 ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 622,338 shares of the company’s stock valued at $103,370,000 after purchasing an additional 6,501 shares in the last quarter. Richmond Investment Services LLC boosted its position in shares of iShares Russell Top 200 ETF by 3.4% in the first quarter. Richmond Investment Services LLC now owns 409,892 shares of the company’s stock worth $65,779,000 after purchasing an additional 13,456 shares during the period. Lido Advisors LLC raised its holdings in iShares Russell Top 200 ETF by 14.8% during the fourth quarter. Lido Advisors LLC now owns 382,370 shares of the company’s stock valued at $65,208,000 after acquiring an additional 49,404 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Russell Top 200 ETF by 2.7% in the second quarter. Ameriprise Financial Inc. now owns 359,193 shares of the company’s stock valued at $54,820,000 after acquiring an additional 9,580 shares in 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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.