iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Unusually-High Trading Volume – Here’s Why

iShares Russell Top 200 ETF (NYSEARCA:IWL) saw unusually-strong trading volume on Monday . Approximately 78,242 shares changed hands during trading, an increase of 48% from the previous session’s volume of 52,844 shares.The stock last traded at $148.32 and had previously closed at $146.32.

iShares Russell Top 200 ETF Trading Up 0.2 %

The stock’s fifty day simple moving average is $146.25 and its 200 day simple moving average is $140.18. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01.

Institutional Trading of iShares Russell Top 200 ETF

Large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new stake in shares of iShares Russell Top 200 ETF during the 3rd quarter valued at approximately $35,000. Truvestments Capital LLC acquired a new stake in iShares Russell Top 200 ETF during the third quarter worth $52,000. Franklin Resources Inc. purchased a new stake in iShares Russell Top 200 ETF in the third quarter valued at $54,000. Centennial Bank AR acquired a new position in shares of iShares Russell Top 200 ETF in the 3rd quarter valued at $64,000. Finally, Investors Research Corp grew its holdings in shares of iShares Russell Top 200 ETF by 126.9% during the 3rd quarter. Investors Research Corp now owns 615 shares of the company’s stock worth $86,000 after purchasing an additional 344 shares during the period.

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.