NewEdge Advisors LLC Trims Stake in iShares Russell Top 200 Growth ETF $IWY

NewEdge Advisors LLC cut its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 3.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 174,201 shares of the company’s stock after selling 5,989 shares during the period. NewEdge Advisors LLC owned about 0.30% of iShares Russell Top 200 Growth ETF worth $50,445,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its holdings 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 acquiring an additional 1,240,884 shares in the last quarter. Baer Investment Advisory LLC purchased a new position in iShares Russell Top 200 Growth ETF during the 1st quarter valued at about $115,113,000. Prosperity Consulting Group LLC increased 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 valued at $45,782,000 after purchasing an additional 117,811 shares during the period. Kingdom Financial Group LLC. raised its holdings in shares of 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 valued at $42,806,000 after purchasing an additional 92,214 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 valued at $55,635,000 after purchasing an additional 91,471 shares in the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY opened at $287.39 on Thursday. The company has a 50 day moving average price of $284.95 and a 200-day moving average price of $278.35. iShares Russell Top 200 Growth ETF has a fifty-two week low of $238.75 and a fifty-two week high of $303.12. The stock has a market capitalization of $16.42 billion, a PE ratio of 35.13 and a beta of 1.17.

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.