iShares Russell Top 200 ETF (NYSEARCA:IWL) Reaches New 52-Week High – Still a Buy?

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWLGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $176.59 and last traded at $176.10, with a volume of 14874 shares trading hands. The stock had previously closed at $176.52.

iShares Russell Top 200 ETF Trading Down 0.4%

The company has a 50 day moving average of $166.96 and a 200 day moving average of $168.90. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 26.95 and a beta of 1.00.

Hedge Funds Weigh In On iShares Russell Top 200 ETF

Institutional investors have recently bought and sold shares of the business. Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Russell Top 200 ETF during the 4th quarter worth about $33,000. Root Financial Partners LLC bought a new stake in shares of iShares Russell Top 200 ETF in the third quarter worth about $38,000. AE Wealth Management LLC increased its holdings in shares of iShares Russell Top 200 ETF by 187.1% in the third quarter. AE Wealth Management LLC now owns 244 shares of the company’s stock worth $40,000 after acquiring an additional 159 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of iShares Russell Top 200 ETF in the third quarter worth about $41,000. Finally, Allworth Financial LP bought a new stake in shares of iShares Russell Top 200 ETF in the third quarter worth about $47,000.

About iShares Russell Top 200 ETF

(Get Free Report)

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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.

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