iShares Russell Top 200 ETF (NYSEARCA:IWL) Hits New 1-Year High – Time to Buy?

iShares Russell Top 200 ETF (NYSEARCA:IWL)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $151.04 and last traded at $150.95, with a volume of 97556 shares trading hands. The stock had previously closed at $149.35.

iShares Russell Top 200 ETF Trading Up 1.1 %

The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. The firm’s fifty day simple moving average is $147.71 and its two-hundred day simple moving average is $142.38.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Prescott Group Capital Management L.L.C. acquired a new position in shares of iShares Russell Top 200 ETF in the 4th quarter worth approximately $854,287,000. Reliant Wealth Planning acquired a new position in shares of iShares Russell Top 200 ETF in the 4th quarter worth approximately $26,485,000. Tompkins Financial Corp lifted its holdings 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 worth $141,968,000 after acquiring an additional 83,965 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of iShares Russell Top 200 ETF in the 4th quarter worth approximately $8,979,000. Finally, FreeGulliver LLC lifted its holdings in shares of iShares Russell Top 200 ETF by 30.4% in the 4th quarter. FreeGulliver LLC now owns 200,345 shares of the company’s stock worth $28,992,000 after acquiring an additional 46,690 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.