Envestnet Asset Management Inc. Decreases Stake in iShares Russell Top 200 ETF $IWL

Envestnet Asset Management Inc. cut its stake in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 28.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,019 shares of the company’s stock after selling 5,569 shares during the period. Envestnet Asset Management Inc. owned approximately 0.12% of iShares Russell Top 200 ETF worth $2,329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Richmond Investment Services LLC raised its stake in shares of iShares Russell Top 200 ETF by 104.0% during the 2nd quarter. Richmond Investment Services LLC now owns 376,570 shares of the company’s stock worth $57,660,000 after buying an additional 192,020 shares during the last quarter. Prescott Group Capital Management L.L.C. raised its position in iShares Russell Top 200 ETF by 48.1% during the second quarter. Prescott Group Capital Management L.L.C. now owns 134,450 shares of the company’s stock worth $20,587,000 after acquiring an additional 43,695 shares during the last quarter. George Kaiser Family Foundation lifted its holdings in shares of iShares Russell Top 200 ETF by 48.1% in the second quarter. George Kaiser Family Foundation now owns 134,450 shares of the company’s stock valued at $20,587,000 after purchasing an additional 43,695 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of iShares Russell Top 200 ETF by 212.6% in the second quarter. Osaic Holdings Inc. now owns 58,623 shares of the company’s stock valued at $8,978,000 after purchasing an additional 39,870 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of iShares Russell Top 200 ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 615,837 shares of the company’s stock valued at $94,297,000 after purchasing an additional 29,086 shares during the last quarter.

iShares Russell Top 200 ETF Price Performance

Shares of iShares Russell Top 200 ETF stock opened at $170.10 on Friday. iShares Russell Top 200 ETF has a 1 year low of $118.75 and a 1 year high of $173.73. The business has a 50 day moving average price of $171.17 and a 200 day moving average price of $167.74. The company has a market capitalization of $2.12 billion, a P/E ratio of 26.95 and a beta of 1.00.

About iShares Russell Top 200 ETF

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.