iShares Russell Top 200 ETF (NYSEARCA:IWL) Hits New 52-Week High – Time to Buy?

iShares Russell Top 200 ETF (NYSEARCA:IWLGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $186.65 and last traded at $186.51, with a volume of 5403 shares trading hands. The stock had previously closed at $185.39.

iShares Russell Top 200 ETF Price Performance

The stock’s 50 day moving average price is $172.43 and its two-hundred day moving average price is $170.92. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 26.95 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IWL. Commerce Bank bought a new stake in iShares Russell Top 200 ETF during the fourth quarter valued at about $29,623,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Russell Top 200 ETF by 442.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 106,119 shares of the company’s stock worth $18,107,000 after purchasing an additional 86,544 shares during the last quarter. Annex Advisory Services LLC bought a new stake in iShares Russell Top 200 ETF during the 4th quarter valued at approximately $12,935,000. Capital Developers LLC bought a new stake in iShares Russell Top 200 ETF during the 4th quarter valued at approximately $8,617,000. Finally, Lido Advisors LLC grew its holdings in iShares Russell Top 200 ETF by 14.8% in the 4th quarter. Lido Advisors LLC now owns 382,370 shares of the company’s stock valued at $65,208,000 after buying an additional 49,404 shares during the last quarter.

iShares Russell Top 200 ETF Company Profile

(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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