Jackson Wealth Management LLC Sells 243 Shares of iShares Russell Top 200 ETF (NYSEARCA:IWL)

Jackson Wealth Management LLC cut its stake in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) by 8.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,789 shares of the company’s stock after selling 243 shares during the period. Jackson Wealth Management LLC’s holdings in iShares Russell Top 200 ETF were worth $404,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in shares of iShares Russell Top 200 ETF during the 3rd quarter valued at $35,000. Truvestments Capital LLC bought a new stake in iShares Russell Top 200 ETF during the third quarter valued at $52,000. Franklin Resources Inc. purchased a new position in iShares Russell Top 200 ETF during the third quarter worth about $54,000. Centennial Bank AR purchased a new position in iShares Russell Top 200 ETF during the third quarter worth about $64,000. Finally, Investors Research Corp increased its stake in iShares Russell Top 200 ETF by 126.9% in the 3rd quarter. Investors Research Corp now owns 615 shares of the company’s stock worth $86,000 after acquiring an additional 344 shares during the last quarter.

iShares Russell Top 200 ETF Price Performance

Shares of NYSEARCA:IWL opened at $148.90 on Wednesday. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 27.78 and a beta of 1.01. The company’s fifty day moving average price is $147.47 and its 200-day moving average price is $141.69. iShares Russell Top 200 ETF has a one year low of $119.81 and a one year high of $150.98.

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.