Wealthfront Advisers LLC Increases Stock Position in iShares Russell Top 200 ETF (NYSEARCA:IWL)

Wealthfront Advisers LLC boosted its stake in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 177.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,554 shares of the company’s stock after purchasing an additional 34,253 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Russell Top 200 ETF were worth $7,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of IWL. Farther Finance Advisors LLC purchased a new stake in iShares Russell Top 200 ETF in the third quarter valued at approximately $35,000. Jones Financial Companies Lllp purchased a new stake in iShares Russell Top 200 ETF in the fourth quarter valued at approximately $40,000. Truvestments Capital LLC bought a new position in iShares Russell Top 200 ETF during the third quarter valued at approximately $52,000. Franklin Resources Inc. bought a new position in iShares Russell Top 200 ETF during the third quarter valued at approximately $54,000. Finally, Investors Research Corp grew its position in iShares Russell Top 200 ETF by 126.9% during the third quarter. Investors Research Corp now owns 615 shares of the company’s stock valued at $86,000 after acquiring an additional 344 shares during the last quarter.

iShares Russell Top 200 ETF Price Performance

Shares of NYSEARCA IWL opened at $137.77 on Thursday. iShares Russell Top 200 ETF has a one year low of $120.18 and a one year high of $151.73. The firm’s 50 day simple moving average is $146.92 and its two-hundred day simple moving average is $144.18. The stock has a market capitalization of $1.56 billion, a P/E ratio of 26.48 and a beta of 1.01.

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.