24-Apr-2024
No headlines found.
No press releases found.
No news found.
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 24, 2024, IWL stock price declined to $123.06 with 72,590 million shares trading.
IWL has a beta of 1.00, meaning it tends to be more sensitive to market movements. IWL has a correlation of 0.92 to the broad based SPY ETF.
IWL has a market cap of $1.28 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 +26.9% while the SPY ETF gained +24.2%. However, in the short term, IWL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +4.4% vs +4.6% return in SPY. But in the last 2 weeks, IWL shares have fared better than the market returning -2.5% compared to SPY -2.7%.
IWL support price is $122.02 and resistance is $124.23 (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.