Clark Capital Management Group Inc. Takes $68.79 Million Position in iShares Russell Top 200 Growth ETF $IWY

Clark Capital Management Group Inc. purchased a new position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 251,390 shares of the company’s stock, valued at approximately $68,793,000. Clark Capital Management Group Inc. owned approximately 0.42% of iShares Russell Top 200 Growth ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IWY. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Top 200 Growth ETF by 231.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,327,228 shares of the company’s stock valued at $363,196,000 after purchasing an additional 926,618 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares Russell Top 200 Growth ETF by 32.0% in the third quarter. Ameriprise Financial Inc. now owns 3,180,008 shares of the company’s stock worth $869,831,000 after buying an additional 771,024 shares in the last quarter. SVB Wealth LLC bought a new stake in iShares Russell Top 200 Growth ETF during the second quarter valued at $79,526,000. First Citizens Investor Services Inc. bought a new stake in iShares Russell Top 200 Growth ETF during the third quarter valued at $75,446,000. Finally, Global Retirement Partners LLC purchased a new position in iShares Russell Top 200 Growth ETF during the second quarter worth about $33,592,000.

iShares Russell Top 200 Growth ETF Stock Down 1.1%

Shares of NYSEARCA IWY opened at $256.05 on Friday. The firm has a market capitalization of $15.15 billion, a P/E ratio of 35.13 and a beta of 1.12. The stock’s 50-day simple moving average is $268.24 and its two-hundred day simple moving average is $272.10. iShares Russell Top 200 Growth ETF has a twelve month low of $180.65 and a twelve month high of $288.99.

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.