Independent Financial Group LLC Grows Stake in iShares Russell Top 200 Growth ETF $IWY

Independent Financial Group LLC grew its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 27.3% during the second quarter, HoldingsChannel reports. The firm owned 9,719 shares of the company’s stock after buying an additional 2,084 shares during the period. Independent Financial Group LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $2,825,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE grew its stake in shares of iShares Russell Top 200 Growth ETF by 58.6% in the first quarter. Bank of America Corp DE now owns 3,357,374 shares of the company’s stock valued at $835,449,000 after buying an additional 1,240,884 shares in the last quarter. Baer Investment Advisory LLC acquired a new position in iShares Russell Top 200 Growth ETF during the 1st quarter worth approximately $115,113,000. Prosperity Consulting Group LLC lifted its position in iShares Russell Top 200 Growth ETF by 238.1% during the 3rd quarter. Prosperity Consulting Group LLC now owns 167,301 shares of the company’s stock worth $45,782,000 after acquiring an additional 117,811 shares in the last quarter. Kingdom Financial Group LLC. boosted its holdings in iShares Russell Top 200 Growth ETF by 147.9% in the 4th quarter. Kingdom Financial Group LLC. now owns 154,568 shares of the company’s stock worth $42,806,000 after acquiring an additional 92,214 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Russell Top 200 Growth ETF by 83.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 200,891 shares of the company’s stock worth $55,635,000 after acquiring an additional 91,471 shares during the period.

iShares Russell Top 200 Growth ETF Trading Up 0.6%

NYSEARCA IWY opened at $290.14 on Thursday. The company’s fifty day simple moving average is $284.32 and its 200-day simple moving average is $275.61. iShares Russell Top 200 Growth ETF has a 52 week low of $238.75 and a 52 week high of $303.12. The stock has a market cap of $16.58 billion, a P/E ratio of 35.13 and a beta of 1.17.

iShares Russell Top 200 Growth ETF Profile

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.