Redstone Wealth Management LLC Buys New Holdings in iShares Russell Top 200 Growth ETF $IWY

Redstone Wealth Management LLC bought a new stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 29,546 shares of the company’s stock, valued at approximately $8,183,000. iShares Russell Top 200 Growth ETF comprises about 6.5% of Redstone Wealth Management LLC’s holdings, making the stock its 8th largest position.

A number of other large investors have also recently bought and sold shares of the company. HBK Sorce Advisory LLC boosted its position in iShares Russell Top 200 Growth ETF by 28.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 2,835 shares of the company’s stock valued at $756,000 after buying an additional 631 shares during the last quarter. Hantz Financial Services Inc. boosted its position in iShares Russell Top 200 Growth ETF by 7.0% in the fourth quarter. Hantz Financial Services Inc. now owns 179,292 shares of the company’s stock valued at $49,653,000 after buying an additional 11,675 shares during the last quarter. Prospera Financial Services Inc boosted its position in iShares Russell Top 200 Growth ETF by 10.3% in the fourth quarter. Prospera Financial Services Inc now owns 3,423 shares of the company’s stock valued at $949,000 after buying an additional 320 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in iShares Russell Top 200 Growth ETF by 107.1% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,558 shares of the company’s stock valued at $1,262,000 after buying an additional 2,357 shares during the last quarter. Finally, New England Private Wealth Advisors LLC boosted its position in iShares Russell Top 200 Growth ETF by 0.9% in the fourth quarter. New England Private Wealth Advisors LLC now owns 7,272 shares of the company’s stock valued at $2,014,000 after buying an additional 66 shares during the last quarter.

iShares Russell Top 200 Growth ETF Price Performance

Shares of NYSEARCA IWY opened at $293.36 on Monday. The business’s 50 day moving average price is $269.80 and its 200 day moving average price is $271.66. The firm has a market cap of $17.32 billion, a P/E ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a 52 week low of $226.00 and a 52 week high of $296.11.

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.