iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Strong Trading Volume

Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) saw unusually-strong trading volume on Friday . Approximately 194,095 shares traded hands during mid-day trading, an increase of 147% from the previous session’s volume of 78,732 shares.The stock last traded at $124.15 and had previously closed at $122.92.

iShares Russell Top 200 ETF Trading Up 1.4 %

The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 26.93 and a beta of 1.01. The company has a fifty day moving average of $124.59 and a two-hundred day moving average of $117.12.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Win Advisors Inc. boosted its holdings in iShares Russell Top 200 ETF by 1,219.7% during the fourth quarter. Win Advisors Inc. now owns 210,162 shares of the company’s stock valued at $24,188,000 after acquiring an additional 194,237 shares during the period. WFA Asset Management Corp grew its holdings in iShares Russell Top 200 ETF by 9.0% in the 4th quarter. WFA Asset Management Corp now owns 92,594 shares of the company’s stock valued at $10,657,000 after buying an additional 7,626 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in iShares Russell Top 200 ETF in the 4th quarter valued at approximately $405,000. Gradient Investments LLC bought a new position in iShares Russell Top 200 ETF in the 4th quarter worth approximately $39,000. Finally, Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in shares of iShares Russell Top 200 ETF by 50.7% during the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 117,527 shares of the company’s stock worth $12,149,000 after buying an additional 39,520 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.