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

iShares Russell Top 200 ETF (NYSEARCA:IWL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $151.04 and last traded at $150.95, with a volume of 97556 shares. The stock had previously closed at $149.35.

iShares Russell Top 200 ETF Trading Up 1.1 %

The company has a market capitalization of $1.63 billion, a PE ratio of 27.78 and a beta of 1.01. The stock has a fifty day simple moving average of $147.71 and a 200-day simple moving average of $142.38.

Institutional Trading of iShares Russell Top 200 ETF

A number of institutional investors have recently bought and sold shares of the business. Stifel Financial Corp lifted its holdings in shares of iShares Russell Top 200 ETF by 13.8% in the 3rd quarter. Stifel Financial Corp now owns 9,893 shares of the company’s stock valued at $1,389,000 after purchasing an additional 1,196 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares Russell Top 200 ETF in the 4th quarter valued at about $1,447,000. Jane Street Group LLC purchased a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at about $1,103,000. FMR LLC lifted its holdings in shares of iShares Russell Top 200 ETF by 2.4% in the 3rd quarter. FMR LLC now owns 7,341 shares of the company’s stock valued at $1,031,000 after purchasing an additional 175 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at about $54,000.

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.