iShares Russell Top 200 ETF (NYSEARCA:IWL) Sees Unusually-High Trading Volume – Time to Buy?

iShares Russell Top 200 ETF (NYSEARCA:IWL) saw unusually-strong trading volume on Monday . Approximately 78,242 shares changed hands during mid-day 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 Price Performance

The business has a 50 day simple moving average of $146.09 and a 200 day simple moving average of $140.01. The stock has a market cap of $1.59 billion, a PE ratio of 27.78 and a beta of 1.01.

Institutional Trading of iShares Russell Top 200 ETF

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

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.