iShares Russell Top 200 Growth ETF $IWY Stock: Secure Asset Management LLC Decreases Stake

Secure Asset Management LLC cut its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 62.7% in the third quarter, Holdings Channel reports. The fund owned 1,667 shares of the company’s stock after selling 2,807 shares during the quarter. Secure Asset Management LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $492,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWY. Baird Financial Group Inc. raised its holdings in shares of iShares Russell Top 200 Growth ETF by 6.0% in the 2nd quarter. Baird Financial Group Inc. now owns 41,456 shares of the company’s stock valued at $12,048,000 after purchasing an additional 2,337 shares in the last quarter. Resolute Advisors LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter worth approximately $662,000. Brookstone Capital Management lifted its position in shares of iShares Russell Top 200 Growth ETF by 9.7% in the 2nd quarter. Brookstone Capital Management now owns 115,100 shares of the company’s stock worth $33,450,000 after purchasing an additional 10,217 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares Russell Top 200 Growth ETF by 4.4% during the first quarter. Cetera Investment Advisers now owns 373,839 shares of the company’s stock valued at $93,026,000 after purchasing an additional 15,813 shares in the last quarter. Finally, OLD National Bancorp IN bought a new position in shares of iShares Russell Top 200 Growth ETF during the first quarter valued at approximately $18,028,000.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY opened at $287.93 on Wednesday. The company has a market cap of $16.22 billion, a PE ratio of 35.13 and a beta of 1.16. The firm’s 50 day moving average price is $291.05 and its 200-day moving average price is $285.74. iShares Russell Top 200 Growth ETF has a 52-week low of $238.75 and a 52-week high of $305.24.

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.