IWL Stock Summary and Trading Ideas (iShares Russell Top 200 ETF | ARCA:IWL)

The iShares Russell Top 200 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Russell Top 200 Index.

iShares Russell Top 200 ETF trades on the ARCA stock market under the symbol IWL.

As of April 16, 2024, IWL stock price climbed to $122.98 with 72,618 million shares trading.

IWL has a beta of 1.00, meaning it tends to be less sensitive to market movements. IWL has a correlation of 0.91 to the broad based SPY ETF.

IWL has a market cap of $1.29 billion. This is considered a Small Cap stock.

In the last 3 years, IWL stock traded as high as $127.57 and as low as $82.54.

IWL has outperformed the market in the last year with a price return of +26.6% while the SPY ETF gained +23.9%. IWL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.4% and -3.2%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

IWL support price is $121.83 and resistance is $123.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWL stock will trade within this expected range on the day.