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

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) saw an uptick in trading volume on Monday . 65,834 shares were traded during 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 Down 0.3 %

The business has a 50 day moving average of $134.74 and a 200 day moving average of $130.48. The company has a market capitalization of $1.48 billion, a P/E ratio of 27.78 and a beta of 1.01.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IWL. 9258 Wealth Management LLC boosted its stake in iShares Russell Top 200 ETF by 10.8% during the fourth quarter. 9258 Wealth Management LLC now owns 28,723 shares of the company’s stock valued at $3,306,000 after buying an additional 2,801 shares during the last quarter. Private Advisor Group LLC lifted its stake 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 valued at $345,000 after purchasing an additional 373 shares during the last quarter. Avantax Advisory Services Inc. bought a new stake in shares of iShares Russell Top 200 ETF in the 4th quarter valued at approximately $319,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares Russell Top 200 ETF by 334.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 93,536 shares of the company’s stock valued at $10,765,000 after purchasing an additional 71,999 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its stake in shares of iShares Russell Top 200 ETF by 23.6% in the 4th quarter. Asset Allocation Strategies LLC now owns 26,036 shares of the company’s stock valued at $2,997,000 after purchasing an additional 4,971 shares during the last quarter.

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.