iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Unusually-High Trading Volume – Here’s Why

iShares Russell Top 200 ETF (NYSEARCA:IWLGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 383,381 shares changed hands during trading, an increase of 302% from the previous session’s volume of 95,366 shares.The stock last traded at $170.8440 and had previously closed at $173.10.

iShares Russell Top 200 ETF Price Performance

The firm has a fifty day moving average price of $171.30 and a 200-day moving average price of $166.22. The company has a market capitalization of $2.13 billion, a P/E ratio of 26.95 and a beta of 1.00.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

Several hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new position in shares of iShares Russell Top 200 ETF during the 3rd quarter valued at $38,000. AE Wealth Management LLC boosted its holdings in iShares Russell Top 200 ETF by 187.1% during the 3rd quarter. AE Wealth Management LLC now owns 244 shares of the company’s stock valued at $40,000 after acquiring an additional 159 shares during the period. Advisory Services Network LLC purchased a new stake in iShares Russell Top 200 ETF during the 3rd quarter valued at $41,000. Allworth Financial LP purchased a new stake in iShares Russell Top 200 ETF in the 3rd quarter worth approximately $47,000. Finally, Atlantic Union Bankshares Corp bought a new position in iShares Russell Top 200 ETF in the 3rd quarter worth $56,000.

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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