iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Strong Trading Volume

iShares Russell Top 200 ETF (NYSEARCA:IWL) shares saw strong trading volume on Wednesday . 57,405 shares were traded during trading, a decline of 30% from the previous session’s volume of 81,787 shares.The stock last traded at $138.41 and had previously closed at $139.18.

iShares Russell Top 200 ETF Price Performance

The company has a market cap of $1.50 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. The firm has a 50-day moving average price of $135.29 and a 200 day moving average price of $131.49.

Institutional Investors Weigh In On iShares Russell Top 200 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IWL. Proficio Capital Partners LLC bought a new stake in iShares Russell Top 200 ETF during the second quarter worth about $31,462,000. BOKF NA lifted its holdings in shares of iShares Russell Top 200 ETF by 3,631.8% during the 4th quarter. BOKF NA now owns 62,881 shares of the company’s stock worth $7,237,000 after acquiring an additional 61,196 shares during the period. Elevation Capital Advisory LLC acquired a new stake in shares of iShares Russell Top 200 ETF during the 2nd quarter worth approximately $5,744,000. Cambridge Investment Research Advisors Inc. increased its stake in iShares Russell Top 200 ETF by 22.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 157,841 shares of the company’s stock valued at $21,143,000 after acquiring an additional 28,587 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares Russell Top 200 ETF by 147.4% during the second quarter. Envestnet Asset Management Inc. now owns 41,549 shares of the company’s stock valued at $5,565,000 after purchasing an additional 24,754 shares in 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.