iShares Russell Top 200 ETF (NYSEARCA:IWL) Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. decreased its position in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,074 shares of the company’s stock after selling 760 shares during the period. Valmark Advisers Inc.’s holdings in iShares Russell Top 200 ETF were worth $2,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in IWL. WFA Asset Management Corp lifted its position in shares of iShares Russell Top 200 ETF by 9.0% during the 4th quarter. WFA Asset Management Corp now owns 92,594 shares of the company’s stock valued at $10,657,000 after buying an additional 7,626 shares in the last quarter. Octavia Wealth Advisors LLC purchased a new position in shares of iShares Russell Top 200 ETF during the 4th quarter valued at approximately $214,000. Toth Financial Advisory Corp purchased a new position in shares of iShares Russell Top 200 ETF during the 4th quarter valued at approximately $301,000. Sowell Financial Services LLC purchased a new position in shares of iShares Russell Top 200 ETF during the 4th quarter valued at approximately $2,578,000. Finally, First Citizens Bank & Trust Co. lifted its position in shares of iShares Russell Top 200 ETF by 10.4% during the 4th quarter. First Citizens Bank & Trust Co. now owns 95,546 shares of the company’s stock valued at $10,996,000 after buying an additional 8,974 shares in the last quarter.

iShares Russell Top 200 ETF Stock Performance

Shares of NYSEARCA:IWL traded up $1.32 during midday trading on Friday, reaching $123.71. 42,022 shares of the company’s stock traded hands, compared to its average volume of 76,572. iShares Russell Top 200 ETF has a 1 year low of $96.39 and a 1 year high of $127.57. The company has a market cap of $1.29 billion, a P/E ratio of 26.93 and a beta of 1.01. The company has a fifty day simple moving average of $124.52 and a two-hundred day simple moving average of $116.51.

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.