HighTower Advisors LLC Lowers Stock Holdings in iShares Russell Top 200 ETF $IWL

HighTower Advisors LLC cut its holdings in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) by 9.3% during the third quarter, Holdings Channel reports. The firm owned 70,530 shares of the company’s stock after selling 7,214 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell Top 200 ETF were worth $11,716,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Stratos Wealth Partners LTD. grew its holdings in shares of iShares Russell Top 200 ETF by 117.0% in the third quarter. Stratos Wealth Partners LTD. now owns 42,816 shares of the company’s stock valued at $7,112,000 after purchasing an additional 23,082 shares in the last quarter. Wealthfront Advisers LLC boosted its position in iShares Russell Top 200 ETF by 2.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 19,309 shares of the company’s stock valued at $3,207,000 after buying an additional 536 shares during the period. Breakwater Capital Group grew its stake in shares of iShares Russell Top 200 ETF by 4.7% in the third quarter. Breakwater Capital Group now owns 3,530 shares of the company’s stock worth $586,000 after acquiring an additional 158 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in shares of iShares Russell Top 200 ETF by 4.7% during the third quarter. Flagship Harbor Advisors LLC now owns 4,772 shares of the company’s stock worth $793,000 after acquiring an additional 213 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Russell Top 200 ETF in the third quarter valued at $56,000.

iShares Russell Top 200 ETF Trading Up 0.7%

NYSEARCA:IWL opened at $170.34 on Friday. iShares Russell Top 200 ETF has a 12-month low of $118.75 and a 12-month high of $173.73. The firm has a market cap of $2.12 billion, a PE ratio of 26.95 and a beta of 1.00. The stock has a fifty day moving average price of $171.07 and a 200 day moving average price of $167.38.

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