HighTower Advisors LLC Sells 9,937 Shares of iShares Russell Top 200 Growth ETF $IWY

HighTower Advisors LLC trimmed its position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 9.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 97,164 shares of the company’s stock after selling 9,937 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $26,909,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. increased its position in iShares Russell Top 200 Growth ETF by 1.4% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,736 shares of the company’s stock valued at $749,000 after buying an additional 38 shares in the last quarter. Sowell Financial Services LLC increased its position in iShares Russell Top 200 Growth ETF by 1.8% in the 4th quarter. Sowell Financial Services LLC now owns 2,179 shares of the company’s stock valued at $603,000 after buying an additional 39 shares in the last quarter. Smartleaf Asset Management LLC increased its position in iShares Russell Top 200 Growth ETF by 3.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,383 shares of the company’s stock valued at $376,000 after buying an additional 40 shares in the last quarter. WBH Advisory Inc. increased its holdings in iShares Russell Top 200 Growth ETF by 0.7% during the 4th quarter. WBH Advisory Inc. now owns 6,218 shares of the company’s stock worth $1,722,000 after purchasing an additional 44 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in iShares Russell Top 200 Growth ETF by 49.5% during the 3rd quarter. Anchor Investment Management LLC now owns 142 shares of the company’s stock worth $39,000 after purchasing an additional 47 shares in the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY opened at $293.36 on Friday. The stock has a 50 day moving average price of $269.80 and a two-hundred day moving average price of $271.75. The firm has a market capitalization 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.