Merit Financial Group LLC Buys Shares of 62,051 iShares Russell Top 200 ETF (NYSEARCA:IWL)

Merit Financial Group LLC purchased a new position in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 62,051 shares of the company’s stock, valued at approximately $8,979,000.

Other large investors have also bought and sold shares of the company. Tompkins Financial Corp grew its holdings in iShares Russell Top 200 ETF by 9.1% during the 3rd quarter. Tompkins Financial Corp now owns 1,010,883 shares of the company’s stock worth $141,968,000 after acquiring an additional 83,965 shares during the period. Elevation Capital Advisory LLC acquired a new position in iShares Russell Top 200 ETF in the second quarter valued at about $5,744,000. BNP Paribas Financial Markets acquired a new position in iShares Russell Top 200 ETF in the third quarter valued at about $5,519,000. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Top 200 ETF by 147.4% during the second quarter. Envestnet Asset Management Inc. now owns 41,549 shares of the company’s stock worth $5,565,000 after buying an additional 24,754 shares during the last quarter. Finally, Gilbert & Cook Inc. grew its position in shares of iShares Russell Top 200 ETF by 5.1% during the 3rd quarter. Gilbert & Cook Inc. now owns 507,200 shares of the company’s stock worth $71,231,000 after buying an additional 24,423 shares during the period.

iShares Russell Top 200 ETF Price Performance

Shares of NYSEARCA:IWL opened at $147.58 on Friday. The firm’s 50 day simple moving average is $146.69 and its 200 day simple moving average is $140.72. iShares Russell Top 200 ETF has a fifty-two week low of $115.03 and a fifty-two week high of $150.24. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01.

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.