Gibbs Wealth Management Acquires New Position in iShares Russell Top 200 Growth ETF $IWY

Gibbs Wealth Management bought a new position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the 1st quarter, HoldingsChannel.com reports. The fund bought 3,265 shares of the company’s stock, valued at approximately $812,000.

A number of other hedge funds also recently added to or reduced their stakes in IWY. Lifetime Wealth Management P.C. purchased a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at approximately $31,000. Optima Capital LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter worth $33,000. Main Street Group LTD purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the first quarter worth $35,000. International Assets Investment Management LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the fourth quarter worth $52,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the first quarter worth $54,000.

iShares Russell Top 200 Growth ETF Trading Down 0.8%

Shares of NYSEARCA IWY opened at $274.90 on Friday. The stock has a market cap of $15.94 billion, a P/E ratio of 35.13 and a beta of 1.16. The business’s fifty day simple moving average is $287.71 and its 200-day simple moving average is $274.91. iShares Russell Top 200 Growth ETF has a 12-month low of $238.75 and a 12-month high of $303.12.

About iShares Russell Top 200 Growth ETF

iShares Russell Top 200 Growth ETF (the Fund), formerly iShares Russell Top 200 Growth Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index (the Growth Index). The Growth Index is a style factor weighted index that measures the performance of the largest capitalization growth sector of the United States equity market. The Fund invests in a representative sample of securities included in the Growth Index that collectively has an investment profile similar to the Growth Index.