Montgomery Financial Services LLC Acquires Shares of 74,091 iShares Russell Top 200 Growth ETF $IWY

Montgomery Financial Services LLC bought a new position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 74,091 shares of the company’s stock, valued at approximately $21,532,000. iShares Russell Top 200 Growth ETF makes up approximately 18.8% of Montgomery Financial Services LLC’s holdings, making the stock its 2nd biggest position.

Several other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of iShares Russell Top 200 Growth ETF by 58.6% in the first quarter. Bank of America Corp DE now owns 3,357,374 shares of the company’s stock valued at $835,449,000 after acquiring an additional 1,240,884 shares in the last quarter. Baer Investment Advisory LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the first quarter valued at approximately $115,113,000. Prosperity Consulting Group LLC increased its position in shares of iShares Russell Top 200 Growth ETF by 238.1% during the third quarter. Prosperity Consulting Group LLC now owns 167,301 shares of the company’s stock valued at $45,782,000 after acquiring an additional 117,811 shares during the last quarter. Kingdom Financial Group LLC. lifted its holdings in iShares Russell Top 200 Growth ETF by 147.9% during the fourth quarter. Kingdom Financial Group LLC. now owns 154,568 shares of the company’s stock worth $42,806,000 after acquiring an additional 92,214 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Russell Top 200 Growth ETF by 83.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 200,891 shares of the company’s stock worth $55,635,000 after acquiring an additional 91,471 shares during the period.

iShares Russell Top 200 Growth ETF Trading Up 0.1%

IWY stock opened at $289.29 on Friday. The stock’s fifty day simple moving average is $284.93 and its two-hundred day simple moving average is $277.69. iShares Russell Top 200 Growth ETF has a 1-year low of $238.75 and a 1-year high of $303.12. The stock has a market cap of $16.53 billion, a P/E ratio of 35.13 and a beta of 1.17.

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.