Richmond Investment Services LLC Makes New Investment in iShares Russell Top 200 ETF (NYSEARCA:IWL)

Richmond Investment Services LLC purchased a new position in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 174,323 shares of the company’s stock, valued at approximately $25,226,000. iShares Russell Top 200 ETF makes up about 14.2% of Richmond Investment Services LLC’s holdings, making the stock its biggest position. Richmond Investment Services LLC owned approximately 1.52% of iShares Russell Top 200 ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWL. Jones Financial Companies Lllp acquired a new position in shares of iShares Russell Top 200 ETF during the 4th quarter worth about $40,000. Frazier Financial Advisors LLC acquired a new position in shares of iShares Russell Top 200 ETF during the 4th quarter worth about $51,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Russell Top 200 ETF during the 4th quarter worth about $95,000. Tower Research Capital LLC TRC increased its stake in shares of iShares Russell Top 200 ETF by 60.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 766 shares of the company’s stock worth $111,000 after purchasing an additional 288 shares during the last quarter. Finally, Investors Research Corp increased its stake in shares of iShares Russell Top 200 ETF by 51.1% during the 4th quarter. Investors Research Corp now owns 929 shares of the company’s stock worth $134,000 after purchasing an additional 314 shares during the last quarter.

iShares Russell Top 200 ETF Price Performance

iShares Russell Top 200 ETF stock opened at $142.97 on Friday. The firm has a market capitalization of $1.59 billion, a PE ratio of 25.61 and a beta of 1.02. The company’s 50-day moving average is $136.45 and its 200-day moving average is $143.08. iShares Russell Top 200 ETF has a fifty-two week low of $118.75 and a fifty-two week high of $151.73.

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.