Processus Wealth & Capital Management LLC Trims Stock Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Processus Wealth & Capital Management LLC cut its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,872 shares of the company’s stock after selling 239 shares during the quarter. iShares Russell Top 200 Growth ETF comprises about 6.0% of Processus Wealth & Capital Management LLC’s holdings, making the stock its 4th largest position. Processus Wealth & Capital Management LLC owned 0.06% of iShares Russell Top 200 Growth ETF worth $7,499,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Strategic Financial Concepts LLC raised its stake in iShares Russell Top 200 Growth ETF by 45,541.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 579,187 shares of the company’s stock worth $136,265,000 after buying an additional 577,918 shares during the period. Life Planning Partners Inc boosted its position in shares of iShares Russell Top 200 Growth ETF by 23,413.0% during the fourth quarter. Life Planning Partners Inc now owns 395,018 shares of the company’s stock valued at $92,936,000 after buying an additional 393,338 shares during the last quarter. Principal Securities Inc. lifted its stake in iShares Russell Top 200 Growth ETF by 1,478.7% during the 4th quarter. Principal Securities Inc. now owns 162,735 shares of the company’s stock valued at $38,287,000 after acquiring an additional 152,427 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of iShares Russell Top 200 Growth ETF by 44.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 496,078 shares of the company’s stock worth $109,162,000 after acquiring an additional 151,500 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC bought a new position in shares of iShares Russell Top 200 Growth ETF during the fourth quarter valued at about $18,572,000.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY stock opened at $233.94 on Tuesday. iShares Russell Top 200 Growth ETF has a 52-week low of $182.98 and a 52-week high of $245.04. The company has a 50-day simple moving average of $238.44 and a two-hundred day simple moving average of $227.71. The company has a market capitalization of $13.94 billion, a price-to-earnings ratio of 37.65 and a beta of 1.08.

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.