iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Stock Break Below Two Hundred Day Moving Average – Should You Sell?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $279.59 and traded as low as $274.04. iShares Russell Top 200 Growth ETF shares last traded at $276.80, with a volume of 258,297 shares changing hands.

iShares Russell Top 200 Growth ETF Stock Performance

The stock’s 50-day moving average price is $290.31 and its 200-day moving average price is $279.59. The company has a market capitalization of $15.14 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16.

Institutional Trading of iShares Russell Top 200 Growth ETF

Institutional investors have recently bought and sold shares of the company. Basso Capital Management L.P. purchased a new position in shares of iShares Russell Top 200 Growth ETF in the third quarter valued at $7,992,000. Richardson Financial Services Inc. purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter worth about $37,000. Provenance Wealth Advisors LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter worth about $537,000. Associated Banc Corp purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter worth about $1,074,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $428,000.

iShares Russell Top 200 Growth ETF Company 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.