Investors Research Corp Trims Stake in iShares Russell Top 200 Growth ETF $IWY

Investors Research Corp lessened its holdings in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 4.3% in the third quarter, Holdings Channel.com reports. The fund owned 81,409 shares of the company’s stock after selling 3,646 shares during the quarter. iShares Russell Top 200 Growth ETF comprises 4.0% of Investors Research Corp’s holdings, making the stock its 5th largest holding. Investors Research Corp’s holdings in iShares Russell Top 200 Growth ETF were worth $24,008,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in IWY. Bank of America Corp DE lifted its stake 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 valued at $835,449,000 after purchasing an additional 1,240,884 shares during the period. Baer Investment Advisory LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the 1st quarter worth $115,113,000. Prosperity Consulting Group LLC grew its stake in shares of iShares Russell Top 200 Growth ETF by 45.6% during the first quarter. Prosperity Consulting Group LLC now owns 292,068 shares of the company’s stock worth $72,678,000 after purchasing an additional 91,472 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of iShares Russell Top 200 Growth ETF by 1,360.4% during the second quarter. Integrated Wealth Concepts LLC now owns 95,742 shares of the company’s stock worth $27,825,000 after purchasing an additional 89,186 shares during the period. Finally, DAVENPORT & Co LLC grew its stake in shares of iShares Russell Top 200 Growth ETF by 40.0% during the second quarter. DAVENPORT & Co LLC now owns 310,652 shares of the company’s stock worth $90,282,000 after purchasing an additional 88,753 shares during the period.

iShares Russell Top 200 Growth ETF Stock Down 0.2%

NYSEARCA IWY traded down $0.64 on Wednesday, reaching $303.16. The company had a trading volume of 180,082 shares, compared to its average volume of 438,480. iShares Russell Top 200 Growth ETF has a 52 week low of $238.75 and a 52 week high of $305.24. The stock’s 50 day moving average is $288.83 and its 200-day moving average is $282.49. The stock has a market cap of $16.93 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16.

About iShares Russell Top 200 Growth ETF

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.