ShoreHaven Wealth Partners LLC Trims Holdings in iShares Russell Top 200 ETF (NYSEARCA:IWL)

ShoreHaven Wealth Partners LLC lessened its holdings in iShares Russell Top 200 ETF (NYSEARCA:IWL) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 43,157 shares of the company’s stock after selling 558 shares during the quarter. iShares Russell Top 200 ETF accounts for 3.0% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 9th largest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares Russell Top 200 ETF were worth $4,967,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Buck Wealth Strategies LLC bought a new position in shares of iShares Russell Top 200 ETF in the third quarter worth approximately $37,000. Gradient Investments LLC bought a new position in shares of iShares Russell Top 200 ETF during the fourth quarter valued at about $39,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Russell Top 200 ETF during the fourth quarter worth about $88,000. Octavia Wealth Advisors LLC bought a new stake in shares of iShares Russell Top 200 ETF in the fourth quarter worth about $214,000. Finally, Harbour Investments Inc. increased its holdings in iShares Russell Top 200 ETF by 27.8% during the 3rd quarter. Harbour Investments Inc. now owns 2,210 shares of the company’s stock valued at $228,000 after purchasing an additional 481 shares during the period.

iShares Russell Top 200 ETF Price Performance

IWL remained flat at $126.07 during midday trading on Wednesday. The company’s stock had a trading volume of 120,524 shares, compared to its average volume of 82,050. iShares Russell Top 200 ETF has a fifty-two week low of $97.82 and a fifty-two week high of $127.57. The firm has a 50 day moving average price of $124.69 and a two-hundred day moving average price of $117.62. The company has a market cap of $1.31 billion, a PE ratio of 26.93 and a beta of 1.01.

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.