iShares Russell Top 200 ETF Achieves New 52-Week High at $111.41

During Wednesday's trading session, the iShares Russell Top 200 ETF (NYSEARCA:IWL) soared to a new 52-week peak, reaching $111.41 per share. The trading volume for the session tallied at 2,273 shares. Prior to this surge, the ETF had closed the previous day at $110.79.

Price Performance of iShares Russell Top 200 ETF

The ETF boasts a market capitalization of approximately $960.84 million, alongside a price-to-earnings (PE) ratio of 18.98, and a beta of 0.99. The current 50-day moving average stands at $105.44, while the 200-day moving average is positioned slightly higher at $105.68.

Institutional Engagement with iShares Russell Top 200 ETF

Recent trading activity has seen significant engagement from institutional investors. Notably, JPMorgan Chase & Co. increased its holdings by a remarkable 703.6% during the 4th quarter, now owning 160,710 shares valued at $14,459,000 after adding an additional 140,710 shares. Furthermore, SageView Advisory Group LLC initiated a new position in the 4th quarter, valued at approximately $12,320,000. EP Wealth Advisors LLC entered with a new stake in the 1st quarter, worth roughly $25,434,000. In the 2nd quarter, Dechtman Wealth Management LLC started a new investment valued near $10,471,000. Lastly, Envestnet Portfolio Solutions Inc. opened a new position in the 3rd quarter, valued close to $8,949,000.

About iShares Russell Top 200 ETF

The iShares Russell Top 200 ETF, previously known as the iShares Russell Top 200 Index Fund, is an exchange-traded fund aimed at mirroring the performance of the Russell Top 200 Index. This Index is a capitalization-weighted, float-adjusted benchmark that measures the performance of the largest U.S. equity market capitalization sector.

iShares, ETF, Trading