Launched on September 22, 2009, the iShares Russell Top 200 ETF (IWL) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Farther Finance Advisors LLC lifted its stake in shares of iShares Russell Top 200 ETF (NYSEARCA:IWL) by 11,562.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,248 shares of the company's stock after acquiring an additional 5,203 shares
The iShares Russell Top 200 ETF (IWL) was launched on September 22, 2009, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 7,538 | $973,705.54 | $1.41M | $433,714.44 | 44.54% |
Woodard & Co Asset Management Woodard & Co Asset Management Group Inc. | 72,924 | $7.87M | $13.62M | $5.75M | 73.04% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 646 | $88,500.04 | $120,323.96 | $31,823.92 | 35.96% |
PAX Financial Group PAX Financial Group LLC | 1,315 | $211,031.2 | $244,899.02 | $33,867.82 | 16.05% |
Jeffery Yorg Focus Partners Advisor Solutions LLC | 20,100 | $3.3M | $3.75M | $445,694.26 | 13.5% |
| ARCA Exchange | US Country |
The company described represents an investment fund that seeks to track the performance of the largest capitalization sector within the U.S. equity market, following the guidelines and structure set by Russell. Such funds are designed to provide investors with exposure to the top segment of the market in terms of capitalization, which typically includes companies with the largest market value. By investing primarily in the securities that compose its underlying index, the fund endeavors to mirror the index's performance. Additionally, it possesses the flexibility to allocate a portion of its assets towards derivatives, cash, and cash equivalents, providing it with tools to manage risk, enhance returns, and maintain liquidity. While it focuses on a specific sector of the market, its non-diversified status means that it may invest more heavily in particular securities, thus potentially increasing its risk and return profile compared to diversified funds.
The fund offers investors exposure to the largest capitalization sector in the U.S. equity market. By focusing on this segment, the fund aims to capture the growth and performance of the most significant companies in the U.S., which are typically more stable and have a higher impact on the market trends.
A core strategy of the fund involves investing at least 80% of its assets in the securities that make up its underlying index. This strategy is fundamental to tracking the index's performance closely, allowing investors to gain returns in line with the market segment the index represents.
Up to 20% of the fund’s assets may be allocated to futures, options, and swap contracts, along with cash and cash equivalents. This allocation not only aids in managing investment risk through diversification but also enhances the fund’s flexibility in adjusting its portfolio in response to market conditions.