iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Large Volume Increase – What’s Next?

Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) saw unusually-high trading volume on Tuesday . Approximately 1,737,052 shares were traded during mid-day trading, an increase of 317% from the previous session’s volume of 416,680 shares.The stock last traded at $213.87 and had previously closed at $212.54.

iShares Russell Top 200 Growth ETF Stock Down 2.2 %

The business has a fifty day moving average of $234.01 and a 200 day moving average of $228.43. The firm has a market cap of $11.90 billion, a P/E ratio of 33.18 and a beta of 1.09.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. boosted its holdings in shares of iShares Russell Top 200 Growth ETF by 17.8% in the third quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after buying an additional 48 shares during the period. FMR LLC boosted its stake in iShares Russell Top 200 Growth ETF by 5.3% in the 3rd quarter. FMR LLC now owns 20,663 shares of the company’s stock worth $4,547,000 after purchasing an additional 1,042 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Russell Top 200 Growth ETF by 38.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,410 shares of the company’s stock worth $9,772,000 after purchasing an additional 12,377 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of iShares Russell Top 200 Growth ETF in the 4th quarter valued at about $129,000. Finally, 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 valued at $672,000 after purchasing an additional 590 shares in the last quarter.

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.