HighTower Advisors LLC Sells 1,903 Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL)

HighTower Advisors LLC lowered its holdings in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 59,698 shares of the company’s stock after selling 1,903 shares during the period. HighTower Advisors LLC’s holdings in iShares Russell Top 200 ETF were worth $8,639,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in iShares Russell Top 200 ETF by 13.8% in the third quarter. Stifel Financial Corp now owns 9,893 shares of the company’s stock valued at $1,389,000 after acquiring an additional 1,196 shares during the period. Nisa Investment Advisors LLC bought a new stake in iShares Russell Top 200 ETF during the fourth quarter worth about $1,447,000. Jane Street Group LLC bought a new stake in iShares Russell Top 200 ETF during the third quarter worth about $1,103,000. FMR LLC grew its stake in iShares Russell Top 200 ETF by 2.4% during the third quarter. FMR LLC now owns 7,341 shares of the company’s stock worth $1,031,000 after buying an additional 175 shares during the last quarter. Finally, Franklin Resources Inc. bought a new stake in iShares Russell Top 200 ETF during the third quarter worth about $54,000.

iShares Russell Top 200 ETF Trading Up 0.7 %

Shares of iShares Russell Top 200 ETF stock opened at $139.62 on Tuesday. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 26.48 and a beta of 1.01. iShares Russell Top 200 ETF has a 1-year low of $120.18 and a 1-year high of $151.73. The firm’s 50-day moving average price is $146.43 and its two-hundred day moving average price is $144.25.

iShares Russell Top 200 ETF 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.