iShares Russell Top 200 ETF (NYSEARCA:IWL) Hits New 12-Month High – Here’s What Happened

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) reached a new 52-week high on Monday. The company traded as high as $193.48 and last traded at $193.4670, with a volume of 31000 shares trading hands. The stock had previously closed at $191.84.

iShares Russell Top 200 ETF Trading Up 0.6%

The company has a market capitalization of $2.27 billion, a PE ratio of 26.95 and a beta of 1.01. The stock’s 50-day moving average is $189.55 and its two-hundred day moving average is $182.38.

Institutional Trading of iShares Russell Top 200 ETF

Hedge funds have recently added to or reduced their stakes in the business. Tompkins Financial Corp purchased a new position in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at $94,470,000. Richmond Investment Services LLC boosted its position in iShares Russell Top 200 ETF by 3.4% during the first quarter. Richmond Investment Services LLC now owns 409,892 shares of the company’s stock valued at $65,779,000 after purchasing an additional 13,456 shares in the last quarter. Reliant Wealth Planning boosted its position in iShares Russell Top 200 ETF by 3.9% during the first quarter. Reliant Wealth Planning now owns 206,913 shares of the company’s stock valued at $33,205,000 after purchasing an additional 7,770 shares in the last quarter. Royal Bank of Canada grew its stake in iShares Russell Top 200 ETF by 16.8% in the first quarter. Royal Bank of Canada now owns 155,762 shares of the company’s stock valued at $24,996,000 after purchasing an additional 22,367 shares during the last quarter. Finally, Manchester Financial Inc. grew its stake in iShares Russell Top 200 ETF by 0.9% in the first quarter. Manchester Financial Inc. now owns 119,611 shares of the company’s stock valued at $19,195,000 after purchasing an additional 1,120 shares during the last quarter.

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.