iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Unusually-High Trading Volume – What’s Next?
by Teresa Graham · The Cerbat GemiShares Russell Top 200 ETF (NYSEARCA:IWL – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 63,734 shares were traded during mid-day trading, a decline of 11% from the previous session’s volume of 71,741 shares.The stock last traded at $176.88 and had previously closed at $177.12.
iShares Russell Top 200 ETF Stock Performance
The business’s fifty day moving average price is $167.27 and its two-hundred day moving average price is $169.04. The stock has a market capitalization of $2.11 billion, a P/E ratio of 26.95 and a beta of 1.00.
Institutional Investors Weigh In On iShares Russell Top 200 ETF
Several large investors have recently added to or reduced their stakes in the stock. Morgan Stanley lifted its stake in shares of iShares Russell Top 200 ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 728,697 shares of the company’s stock valued at $124,338,000 after purchasing an additional 45,442 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Russell Top 200 ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 622,338 shares of the company’s stock valued at $103,370,000 after purchasing an additional 6,501 shares during the last quarter. Tompkins Financial Corp raised its holdings in iShares Russell Top 200 ETF by 3.3% during the 4th quarter. Tompkins Financial Corp now owns 571,143 shares of the company’s stock valued at $97,454,000 after buying an additional 18,292 shares during the period. Richmond Investment Services LLC raised its holdings in iShares Russell Top 200 ETF by 2.7% during the 4th quarter. Richmond Investment Services LLC now owns 396,436 shares of the company’s stock valued at $67,643,000 after buying an additional 10,424 shares during the period. Finally, Lido Advisors LLC lifted its position in iShares Russell Top 200 ETF by 14.8% in the fourth quarter. Lido Advisors LLC now owns 382,370 shares of the company’s stock worth $65,208,000 after buying an additional 49,404 shares during the last quarter.
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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.