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

iShares Russell Top 200 ETF (NYSEARCA:IWL)’s share price reached a new 52-week high on Wednesday . The company traded as high as $151.30 and last traded at $151.34, with a volume of 8963 shares traded. The stock had previously closed at $151.23.

iShares Russell Top 200 ETF Trading Down 1.7 %

The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 28.61 and a beta of 1.00. The company has a fifty day moving average price of $147.96 and a 200-day moving average price of $143.09.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC purchased a new stake in shares of iShares Russell Top 200 ETF during the third quarter worth approximately $35,000. Jones Financial Companies Lllp acquired a new stake in iShares Russell Top 200 ETF in the fourth quarter valued at $40,000. Frazier Financial Advisors LLC acquired a new stake in iShares Russell Top 200 ETF in the fourth quarter valued at $51,000. Truvestments Capital LLC acquired a new stake in shares of iShares Russell Top 200 ETF during the third quarter valued at $52,000. Finally, Franklin Resources Inc. acquired a new stake in shares of iShares Russell Top 200 ETF during the third quarter valued at $54,000.

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.