Gilbert & Cook Inc. Reduces Stock Holdings in iShares Russell Top 200 ETF (NYSEARCA:IWL)

Gilbert & Cook Inc. trimmed its stake in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 503,983 shares of the company’s stock after selling 3,217 shares during the period. iShares Russell Top 200 ETF accounts for 10.3% of Gilbert & Cook Inc.’s portfolio, making the stock its 2nd largest position. Gilbert & Cook Inc.’s holdings in iShares Russell Top 200 ETF were worth $72,931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new stake in iShares Russell Top 200 ETF in the third quarter valued at approximately $35,000. Truvestments Capital LLC purchased a new stake in shares of iShares Russell Top 200 ETF during the 3rd quarter valued at $52,000. Franklin Resources Inc. acquired a new stake in shares of iShares Russell Top 200 ETF in the 3rd quarter worth $54,000. Centennial Bank AR purchased a new position in iShares Russell Top 200 ETF during the 3rd quarter worth $64,000. Finally, Investors Research Corp grew its stake in shares of iShares Russell Top 200 ETF by 126.9% during the third quarter. Investors Research Corp now owns 615 shares of the company’s stock worth $86,000 after acquiring an additional 344 shares during the last quarter.

iShares Russell Top 200 ETF Price Performance

NYSEARCA:IWL traded up $0.77 during trading hours on Thursday, hitting $149.69. 1,435 shares of the company were exchanged, compared to its average volume of 63,033. The company’s 50 day moving average price is $147.21 and its 200-day moving average price is $141.37. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. iShares Russell Top 200 ETF has a 52-week low of $117.62 and a 52-week high of $150.98.

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.