iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Large Volume Increase

iShares Russell Top 200 ETF (NYSEARCA:IWL) shares saw strong trading volume on Monday . 65,834 shares changed hands during mid-day trading, a decline of 22% from the previous session’s volume of 84,485 shares.The stock last traded at $137.15 and had previously closed at $137.56.

iShares Russell Top 200 ETF Stock Performance

The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. The company has a fifty day simple moving average of $134.76 and a two-hundred day simple moving average of $130.25.

Institutional Trading of iShares Russell Top 200 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Creative Planning grew its stake in shares of iShares Russell Top 200 ETF by 2.8% during the 2nd quarter. Creative Planning now owns 10,740 shares of the company’s stock valued at $1,439,000 after buying an additional 296 shares during the period. Zimmermann Investment Management & Planning LLC grew its position in iShares Russell Top 200 ETF by 1.6% during the second quarter. Zimmermann Investment Management & Planning LLC now owns 20,195 shares of the company’s stock valued at $2,705,000 after acquiring an additional 311 shares during the period. Leavell Investment Management Inc. increased its stake in iShares Russell Top 200 ETF by 2.6% during the first quarter. Leavell Investment Management Inc. now owns 13,755 shares of the company’s stock worth $1,749,000 after acquiring an additional 350 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of iShares Russell Top 200 ETF by 14.2% in the 4th quarter. Private Advisor Group LLC now owns 2,996 shares of the company’s stock worth $345,000 after purchasing an additional 373 shares during the period. Finally, Toth Financial Advisory Corp raised its holdings in shares of iShares Russell Top 200 ETF by 24.3% in the 1st quarter. Toth Financial Advisory Corp now owns 3,250 shares of the company’s stock worth $413,000 after purchasing an additional 635 shares during the period.

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.