iShares Russell Top 200 Growth ETF $IWY Stock: Sterling Capital Management LLC Cuts Holdings

Sterling Capital Management LLC lowered its holdings in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 72.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 122,269 shares of the company’s stock after selling 328,685 shares during the period. Sterling Capital Management LLC owned about 0.22% of iShares Russell Top 200 Growth ETF worth $36,058,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IWY. Eastern Bank bought a new stake in shares of iShares Russell Top 200 Growth ETF in the third quarter worth $29,000. Main Street Group LTD acquired a new stake in iShares Russell Top 200 Growth ETF in the first quarter valued at $35,000. Allspring Global Investments Holdings LLC bought a new position in iShares Russell Top 200 Growth ETF during the 1st quarter worth $54,000. Continuum Advisory LLC bought a new position in iShares Russell Top 200 Growth ETF during the 2nd quarter worth $69,000. Finally, TD Waterhouse Canada Inc. bought a new position in iShares Russell Top 200 Growth ETF during the 3rd quarter worth $78,000.

iShares Russell Top 200 Growth ETF Stock Down 0.4%

IWY traded down $1.11 during midday trading on Friday, hitting $281.26. 271,541 shares of the company were exchanged, compared to its average volume of 441,169. The firm has a market capitalization of $15.47 billion, a P/E ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a 1-year low of $238.75 and a 1-year high of $305.24. The firm’s 50 day moving average price is $290.62 and its 200-day moving average price is $286.20.

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.