Bank of America Corp DE Reduces Stock Position in iShares Russell Top 200 ETF $IWL

Bank of America Corp DE decreased its position in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 7.4% in the 1st quarter, HoldingsChannel reports. The firm owned 633,514 shares of the company’s stock after selling 50,933 shares during the period. Bank of America Corp DE owned approximately 0.05% of iShares Russell Top 200 ETF worth $101,665,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC acquired a new stake in shares of iShares Russell Top 200 ETF during the fourth quarter worth $33,000. Advisory Services Network LLC acquired a new position in iShares Russell Top 200 ETF in the third quarter valued at $41,000. NewEdge Advisors LLC lifted its position in iShares Russell Top 200 ETF by 93.1% during the third quarter. NewEdge Advisors LLC now owns 394 shares of the company’s stock worth $65,000 after buying an additional 190 shares during the period. Covestor Ltd purchased a new position in iShares Russell Top 200 ETF during the fourth quarter worth about $71,000. Finally, Qube Research & Technologies Ltd lifted its position in iShares Russell Top 200 ETF by 66.3% during the third quarter. Qube Research & Technologies Ltd now owns 637 shares of the company’s stock worth $106,000 after buying an additional 254 shares during the period.

iShares Russell Top 200 ETF Trading Up 0.6%

Shares of NYSEARCA:IWL opened at $191.62 on Friday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 26.95 and a beta of 1.01. The stock’s 50-day moving average price is $184.88 and its two-hundred day moving average price is $176.52. iShares Russell Top 200 ETF has a 12-month low of $155.38 and a 12-month high of $192.32.

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. The Index includes securities issued by the approximately 200 largest issuers in the Russell 3000 Index.