Gibbs Wealth Management Takes $812,000 Position in iShares Russell Top 200 Growth ETF $IWY

Gibbs Wealth Management acquired a new position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,265 shares of the company’s stock, valued at approximately $812,000.

Other hedge funds have also recently made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new stake in iShares Russell Top 200 Growth ETF in the fourth quarter valued at approximately $31,000. Optima Capital LLC acquired a new position in iShares Russell Top 200 Growth ETF during the fourth quarter worth $33,000. Main Street Group LTD purchased a new position in shares of iShares Russell Top 200 Growth ETF during the first quarter worth $35,000. International Assets Investment Management LLC purchased a new position in shares of iShares Russell Top 200 Growth ETF during the fourth quarter worth $52,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares Russell Top 200 Growth ETF in the first quarter valued at $54,000.

iShares Russell Top 200 Growth ETF Trading Down 0.8%

Shares of NYSEARCA IWY opened at $274.90 on Friday. The stock has a market capitalization of $15.94 billion, a PE ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a twelve month low of $238.75 and a twelve month high of $303.12. The stock has a fifty day simple moving average of $287.71 and a 200-day simple moving average of $274.91.

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.