Bank of America Corp DE Acquires 1,240,884 Shares of iShares Russell Top 200 Growth ETF $IWY

Bank of America Corp DE increased its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 58.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,357,374 shares of the company’s stock after purchasing an additional 1,240,884 shares during the period. Bank of America Corp DE owned approximately 5.69% of iShares Russell Top 200 Growth ETF worth $835,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Baer Investment Advisory LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 1st quarter valued at approximately $115,113,000. Prosperity Consulting Group LLC raised its holdings in shares of iShares Russell Top 200 Growth ETF by 238.1% in the 3rd quarter. Prosperity Consulting Group LLC now owns 167,301 shares of the company’s stock worth $45,782,000 after buying an additional 117,811 shares in the last quarter. Kingdom Financial Group LLC. lifted its position in shares of iShares Russell Top 200 Growth ETF by 147.9% during the 4th quarter. Kingdom Financial Group LLC. now owns 154,568 shares of the company’s stock worth $42,806,000 after buying an additional 92,214 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Russell Top 200 Growth ETF by 83.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 200,891 shares of the company’s stock worth $55,635,000 after buying an additional 91,471 shares during the period. Finally, OLD National Bancorp IN acquired a new stake in iShares Russell Top 200 Growth ETF in the 1st quarter valued at $18,028,000.

iShares Russell Top 200 Growth ETF Price Performance

Shares of IWY stock opened at $276.38 on Friday. The stock’s fifty day simple moving average is $285.73 and its 200 day simple moving average is $274.73. iShares Russell Top 200 Growth ETF has a one year low of $238.75 and a one year high of $303.12. The firm has a market cap of $15.82 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16.

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.