DAVENPORT & Co LLC Increases Stock Position in iShares Russell Top 200 Growth ETF $IWY

DAVENPORT & Co LLC lifted its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 40.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 310,652 shares of the company’s stock after purchasing an additional 88,753 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $90,282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its position in shares of iShares Russell Top 200 Growth ETF by 58.6% in the 1st quarter. Bank of America Corp DE now owns 3,357,374 shares of the company’s stock worth $835,449,000 after buying an additional 1,240,884 shares during the period. Baer Investment Advisory LLC purchased a new stake in iShares Russell Top 200 Growth ETF during the first quarter valued at about $115,113,000. Prosperity Consulting Group LLC grew its position in iShares Russell Top 200 Growth ETF by 238.1% during the third quarter. Prosperity Consulting Group LLC now owns 167,301 shares of the company’s stock valued at $45,782,000 after acquiring an additional 117,811 shares during the period. Kingdom Financial Group LLC. increased its stake in iShares Russell Top 200 Growth ETF by 147.9% during the fourth 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 last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares Russell Top 200 Growth ETF by 83.6% during the fourth 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 last quarter.

iShares Russell Top 200 Growth ETF Price Performance

iShares Russell Top 200 Growth ETF stock opened at $290.14 on Thursday. The stock’s 50-day moving average is $284.32 and its 200-day moving average is $275.61. The company has a market cap of $16.58 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. iShares Russell Top 200 Growth ETF has a 12 month low of $238.75 and a 12 month high of $303.12.

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.