iShares Russell Top 200 ETF (NYSEARCA:IWL) Hits New 1-Year High – Here’s What Happened

iShares Russell Top 200 ETF (NYSEARCA:IWL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $147.30 and last traded at $147.18, with a volume of 78639 shares. The stock had previously closed at $146.22.

iShares Russell Top 200 ETF Trading Down 0.4 %

The stock has a 50-day simple moving average of $142.56 and a 200 day simple moving average of $136.67. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Tompkins Financial Corp grew its stake in shares of iShares Russell Top 200 ETF by 9.1% in the 3rd quarter. Tompkins Financial Corp now owns 1,010,883 shares of the company’s stock valued at $141,968,000 after buying an additional 83,965 shares in the last quarter. Gilbert & Cook Inc. lifted its stake in shares of iShares Russell Top 200 ETF by 5.1% in the 3rd quarter. Gilbert & Cook Inc. now owns 507,200 shares of the company’s stock valued at $71,231,000 after purchasing an additional 24,423 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in iShares Russell Top 200 ETF in the second quarter worth $31,462,000. Pegasus Partners Ltd. increased its position in iShares Russell Top 200 ETF by 1.2% during the third quarter. Pegasus Partners Ltd. now owns 220,310 shares of the company’s stock worth $30,940,000 after buying an additional 2,521 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of 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 worth $21,143,000 after buying an additional 28,587 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.