iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Large Volume Increase – What’s Next?

iShares Russell Top 200 ETF (NYSEARCA:IWL) shares saw strong trading volume on Monday . 70,051 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 72,751 shares.The stock last traded at $141.20 and had previously closed at $139.03.

iShares Russell Top 200 ETF Stock Up 1.7 %

The stock has a 50-day moving average of $145.91 and a 200 day moving average of $144.31. The stock has a market cap of $1.61 billion, a PE ratio of 26.48 and a beta of 1.01.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp purchased a new stake in shares of iShares Russell Top 200 ETF during the fourth quarter worth $40,000. Frazier Financial Advisors LLC purchased a new position in shares of iShares Russell Top 200 ETF in the 4th quarter valued at about $51,000. Truvestments Capital LLC acquired a new position in shares of iShares Russell Top 200 ETF during the third quarter worth about $52,000. Franklin Resources Inc. purchased a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at approximately $54,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares Russell Top 200 ETF in the 4th quarter valued at $95,000.

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.