Mission Wealth Management LP Makes New Investment in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Mission Wealth Management LP bought a new stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,409 shares of the company’s stock, valued at approximately $422,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWY. Tennessee Valley Asset Management Partners bought a new stake in iShares Russell Top 200 Growth ETF during the fourth quarter worth approximately $36,000. Wetzel Investment Advisors Inc. bought a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter valued at approximately $36,000. Baker Avenue Asset Management LP purchased a new stake in iShares Russell Top 200 Growth ETF during the 3rd quarter valued at $58,000. Authentikos Wealth Advisory LLC purchased a new stake in iShares Russell Top 200 Growth ETF during the 3rd quarter valued at $61,000. Finally, Gradient Investments LLC lifted its position in iShares Russell Top 200 Growth ETF by 87.3% in the fourth quarter. Gradient Investments LLC now owns 547 shares of the company’s stock worth $96,000 after buying an additional 255 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Up 1.8 %

IWY stock opened at $192.78 on Friday. The firm’s fifty day simple moving average is $192.08 and its two-hundred day simple moving average is $179.34. The stock has a market capitalization of $9.44 billion, a price-to-earnings ratio of 37.26 and a beta of 1.22. iShares Russell Top 200 Growth ETF has a twelve month low of $137.94 and a twelve month high of $197.90.

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.