NewEdge Advisors LLC Cuts Stock Position in iShares Russell Top 200 Growth ETF $IWY

NewEdge Advisors LLC cut its position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 3.3% in the second quarter, HoldingsChannel.com reports. The firm owned 174,201 shares of the company’s stock after selling 5,989 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $50,445,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IWY. AQR Capital Management LLC raised its stake in shares of iShares Russell Top 200 Growth ETF by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 3,915 shares of the company’s stock worth $826,000 after acquiring an additional 127 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in iShares Russell Top 200 Growth ETF by 77.5% in the first quarter. Goldman Sachs Group Inc. now owns 102,914 shares of the company’s stock valued at $21,709,000 after acquiring an additional 44,918 shares in the last quarter. Ieq Capital LLC grew its holdings in iShares Russell Top 200 Growth ETF by 11.9% in the second quarter. Ieq Capital LLC now owns 15,255 shares of the company’s stock worth $3,760,000 after purchasing an additional 1,626 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in iShares Russell Top 200 Growth ETF in the second quarter worth $3,695,000. Finally, Bank of America Corp DE increased its position in shares of iShares Russell Top 200 Growth ETF by 0.9% during the second quarter. Bank of America Corp DE now owns 2,209,077 shares of the company’s stock worth $544,560,000 after purchasing an additional 19,978 shares in the last quarter.

iShares Russell Top 200 Growth ETF Trading Down 0.3%

Shares of IWY opened at $287.39 on Thursday. iShares Russell Top 200 Growth ETF has a 12 month low of $238.75 and a 12 month high of $303.12. The stock has a fifty day moving average price of $284.95 and a 200-day moving average price of $278.35. The firm has a market cap of $16.42 billion, a PE 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.