iShares Russell Top 200 Growth ETF $IWY Shares Newly Acquired by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. purchased a new stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the third quarter, Holdings Channel reports. The institutional investor purchased 1,724,186 shares of the company’s stock, valued at approximately $508,480,000. iShares Russell Top 200 Growth ETF comprises 6.9% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 2nd largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of IWY. Bank of America Corp DE grew its holdings in iShares Russell Top 200 Growth ETF by 58.6% during 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 purchasing an additional 1,240,884 shares during the period. Baer Investment Advisory LLC bought a new stake in iShares Russell Top 200 Growth ETF in the first quarter valued at approximately $115,113,000. Prosperity Consulting Group LLC raised its holdings in iShares Russell Top 200 Growth ETF by 45.6% in the first quarter. Prosperity Consulting Group LLC now owns 292,068 shares of the company’s stock worth $72,678,000 after purchasing an additional 91,472 shares during the period. Integrated Wealth Concepts LLC raised its holdings in iShares Russell Top 200 Growth ETF by 1,360.4% in the second quarter. Integrated Wealth Concepts LLC now owns 95,742 shares of the company’s stock worth $27,825,000 after purchasing an additional 89,186 shares during the period. Finally, DAVENPORT & Co LLC raised its holdings in iShares Russell Top 200 Growth ETF by 40.0% in the second quarter. DAVENPORT & Co LLC now owns 310,652 shares of the company’s stock worth $90,282,000 after purchasing an additional 88,753 shares during the period.

iShares Russell Top 200 Growth ETF Stock Up 0.0%

Shares of NYSEARCA IWY opened at $298.96 on Wednesday. The company’s fifty day moving average is $291.07 and its 200-day moving average is $284.19. The stock has a market cap of $16.88 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a twelve month low of $238.75 and a twelve month high of $305.24.

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.