Nicollet Investment Management Inc. Boosts Position in iShares Russell Top 200 ETF (NYSEARCA:IWL)

Nicollet Investment Management Inc. raised its stake in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,530 shares of the company’s stock after purchasing an additional 713 shares during the period. iShares Russell Top 200 ETF accounts for about 2.4% of Nicollet Investment Management Inc.’s holdings, making the stock its 13th biggest position. Nicollet Investment Management Inc. owned 0.44% of iShares Russell Top 200 ETF worth $6,878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWL. Prescott Group Capital Management L.L.C. purchased a new stake in shares of iShares Russell Top 200 ETF in the 4th quarter valued at about $854,287,000. Reliant Wealth Planning purchased a new stake in iShares Russell Top 200 ETF in the fourth quarter valued at approximately $26,485,000. Merit Financial Group LLC acquired a new stake in shares of iShares Russell Top 200 ETF in the fourth quarter valued at approximately $8,979,000. FreeGulliver LLC grew its position in shares of iShares Russell Top 200 ETF by 30.4% during the fourth quarter. FreeGulliver LLC now owns 200,345 shares of the company’s stock worth $28,992,000 after acquiring an additional 46,690 shares during the last quarter. Finally, Elevation Capital Advisory LLC acquired a new position in shares of iShares Russell Top 200 ETF in the 4th quarter valued at $6,748,000.

iShares Russell Top 200 ETF Price Performance

IWL stock opened at $137.41 on Tuesday. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 26.39 and a beta of 1.01. The company has a fifty day moving average price of $145.15 and a 200 day moving average price of $144.52. iShares Russell Top 200 ETF has a 12 month low of $120.18 and a 12 month high of $151.73.

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.