iShares Russell Top 200 ETF (NYSEARCA:IWL) Reaches New 12-Month High – Here’s Why

iShares Russell Top 200 ETF (NYSEARCA:IWL)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $141.02 and last traded at $141.02, with a volume of 10768 shares changing hands. The stock had previously closed at $140.50.

iShares Russell Top 200 ETF Stock Performance

The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. The company’s 50 day moving average is $135.99 and its 200 day moving average is $131.95.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

Several large investors have recently bought and sold shares of the stock. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell Top 200 ETF in the 2nd quarter valued at $31,462,000. BOKF NA raised its stake in shares of iShares Russell Top 200 ETF by 3,631.8% in the 4th quarter. BOKF NA now owns 62,881 shares of the company’s stock valued at $7,237,000 after buying an additional 61,196 shares in the last quarter. Elevation Capital Advisory LLC acquired a new position in shares of iShares Russell Top 200 ETF in the 2nd quarter valued at $5,744,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of iShares Russell Top 200 ETF by 22.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 157,841 shares of the company’s stock valued at $21,143,000 after buying an additional 28,587 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares Russell Top 200 ETF by 147.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 41,549 shares of the company’s stock valued at $5,565,000 after buying 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.