iShares Russell Top 200 ETF (NYSEARCA:IWL) Sets New 1-Year High – Time to Buy?

iShares Russell Top 200 ETF (NYSEARCA:IWL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $192.95 and last traded at $192.9740, with a volume of 27840 shares traded. The stock had previously closed at $189.65.

iShares Russell Top 200 ETF Price Performance

The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 26.95 and a beta of 1.01. The firm’s 50-day simple moving average is $188.21 and its 200 day simple moving average is $180.67.

Institutional Trading of iShares Russell Top 200 ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Richmond Investment Services LLC grew its position in iShares Russell Top 200 ETF by 3.4% in the first quarter. Richmond Investment Services LLC now owns 409,892 shares of the company’s stock valued at $65,779,000 after acquiring an additional 13,456 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of iShares Russell Top 200 ETF by 14.8% in the fourth quarter. Lido Advisors LLC now owns 382,370 shares of the company’s stock worth $65,208,000 after acquiring an additional 49,404 shares during the last quarter. Reliant Wealth Planning boosted its stake in shares of iShares Russell Top 200 ETF by 3.9% in the 1st quarter. Reliant Wealth Planning now owns 206,913 shares of the company’s stock valued at $33,205,000 after purchasing an additional 7,770 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of iShares Russell Top 200 ETF by 16.8% in the 1st quarter. Royal Bank of Canada now owns 155,762 shares of the company’s stock valued at $24,996,000 after purchasing an additional 22,367 shares in the last quarter. Finally, Manchester Financial Inc. grew its holdings in shares of iShares Russell Top 200 ETF by 1.9% during the 4th quarter. Manchester Financial Inc. now owns 118,491 shares of the company’s stock valued at $20,218,000 after purchasing an additional 2,178 shares during 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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.