Intelligence Driven Advisers LLC Has $51.20 Million Stock Position in iShares Russell Top 200 Growth ETF $IWY

Intelligence Driven Advisers LLC lowered its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 17.2% during the first quarter, Holdings Channel.com reports. The firm owned 205,774 shares of the company’s stock after selling 42,822 shares during the quarter. iShares Russell Top 200 Growth ETF makes up about 8.9% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 3rd biggest position. Intelligence Driven Advisers LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $51,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Total Clarity Wealth Management Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF by 2.3% during the first quarter. Total Clarity Wealth Management Inc. now owns 1,673 shares of the company’s stock valued at $416,000 after buying an additional 37 shares during the last quarter. Financial Engines Advisors L.L.C. raised its stake in shares of iShares Russell Top 200 Growth ETF by 1.4% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,736 shares of the company’s stock worth $749,000 after acquiring an additional 38 shares in the last quarter. Sowell Financial Services LLC raised its stake in shares of iShares Russell Top 200 Growth ETF by 1.8% during the 4th quarter. Sowell Financial Services LLC now owns 2,179 shares of the company’s stock worth $603,000 after acquiring an additional 39 shares in the last quarter. Barnes Wealth Management Group Inc lifted its position in iShares Russell Top 200 Growth ETF by 2.1% during the fourth quarter. Barnes Wealth Management Group Inc now owns 2,052 shares of the company’s stock valued at $568,000 after acquiring an additional 43 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in iShares Russell Top 200 Growth ETF by 2.1% during the fourth quarter. Bank of Montreal Can now owns 2,116 shares of the company’s stock valued at $586,000 after acquiring an additional 43 shares during the last quarter.

iShares Russell Top 200 Growth ETF Price Performance

Shares of IWY opened at $274.90 on Monday. The company has a 50 day moving average of $287.71 and a two-hundred day moving average of $274.90. iShares Russell Top 200 Growth ETF has a twelve month low of $238.75 and a twelve month high of $303.12. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16.

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.