iShares Russell Top 200 ETF (NYSEARCA:IWL) Sets New 12-Month High – Here’s What Happened

iShares Russell Top 200 ETF (NYSEARCA:IWL) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $149.91 and last traded at $149.91, with a volume of 37354 shares trading hands. The stock had previously closed at $148.40.

iShares Russell Top 200 ETF Price Performance

The stock has a market capitalization of $1.61 billion, a PE ratio of 27.78 and a beta of 1.01. The firm has a fifty day moving average price of $144.50 and a two-hundred day moving average price of $138.14.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IWL. California State Teachers Retirement System bought a new position in iShares Russell Top 200 ETF in the first quarter worth approximately $88,000. Nisa Investment Advisors LLC bought a new position in shares of iShares Russell Top 200 ETF during the 2nd quarter worth $3,148,000. Capital Advisory Group Advisory Services LLC purchased a new position in shares of iShares Russell Top 200 ETF during the second quarter valued at $271,000. Spirit of America Management Corp NY raised its holdings in shares of iShares Russell Top 200 ETF by 403.6% in the second quarter. Spirit of America Management Corp NY now owns 2,961 shares of the company’s stock valued at $397,000 after acquiring an additional 2,373 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of iShares Russell Top 200 ETF in the second quarter valued at about $31,462,000.

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.