Founders Financial Alliance LLC Grows Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Founders Financial Alliance LLC lifted its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 81.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,115 shares of the company’s stock after buying an additional 1,397 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $733,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWY. Janney Montgomery Scott LLC lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 15.7% in the third quarter. Janney Montgomery Scott LLC now owns 4,142 shares of the company’s stock worth $911,000 after buying an additional 563 shares in the last quarter. Tyler Stone Wealth Management lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 2,352 shares of the company’s stock worth $518,000 after buying an additional 1,176 shares in the last quarter. Bond & Devick Financial Network Inc. purchased a new position in shares of iShares Russell Top 200 Growth ETF in the third quarter worth $3,395,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 23.9% in the third quarter. Apollon Wealth Management LLC now owns 3,056 shares of the company’s stock worth $672,000 after buying an additional 590 shares in the last quarter. Finally, Pinnacle Financial Partners Inc purchased a new position in shares of iShares Russell Top 200 Growth ETF in the third quarter worth $272,000.

iShares Russell Top 200 Growth ETF Stock Performance

IWY stock opened at $212.54 on Tuesday. iShares Russell Top 200 Growth ETF has a one year low of $182.98 and a one year high of $245.04. The company’s fifty day moving average price is $235.36 and its 200-day moving average price is $228.68. The company has a market capitalization of $12.03 billion, a PE ratio of 33.18 and a beta of 1.09.

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.