iShares Russell Top 200 ETF (NYSEARCA:IWL) Position Boosted by Manchester Financial Inc.

Manchester Financial Inc. increased its position in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 80.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,331 shares of the company’s stock after purchasing an additional 12,223 shares during the period. iShares Russell Top 200 ETF accounts for about 0.9% of Manchester Financial Inc.’s investment portfolio, making the stock its 22nd biggest holding. Manchester Financial Inc. owned about 0.25% of iShares Russell Top 200 ETF worth $3,955,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp grew its position in shares of iShares Russell Top 200 ETF by 13.8% in the 3rd quarter. Stifel Financial Corp now owns 9,893 shares of the company’s stock worth $1,389,000 after acquiring an additional 1,196 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in iShares Russell Top 200 ETF during the fourth quarter worth $1,447,000. Jane Street Group LLC acquired a new position in iShares Russell Top 200 ETF in the third quarter worth $1,103,000. FMR LLC increased its stake in iShares Russell Top 200 ETF by 2.4% during the third quarter. FMR LLC now owns 7,341 shares of the company’s stock valued at $1,031,000 after purchasing an additional 175 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of iShares Russell Top 200 ETF during the third quarter worth $54,000.

iShares Russell Top 200 ETF Stock Performance

iShares Russell Top 200 ETF stock opened at $150.95 on Friday. iShares Russell Top 200 ETF has a 1 year low of $120.18 and a 1 year high of $151.04. The firm’s 50-day moving average is $147.71 and its 200-day moving average is $142.38. The company has a market cap of $1.63 billion, a P/E ratio of 27.78 and a beta of 1.01.

iShares Russell Top 200 ETF 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.