Merit Financial Group LLC Has $28.20 Million Position in iShares Russell Top 200 Growth ETF $IWY

Merit Financial Group LLC lessened its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,027 shares of the company’s stock after selling 2,532 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $28,198,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares Russell Top 200 Growth ETF by 58.6% in the 1st 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 during the period. Baer Investment Advisory LLC acquired a new position in iShares Russell Top 200 Growth ETF during the 1st quarter worth about $115,113,000. Prosperity Consulting Group LLC lifted its stake in shares of iShares Russell Top 200 Growth ETF by 238.1% in the third quarter. Prosperity Consulting Group LLC now owns 167,301 shares of the company’s stock worth $45,782,000 after acquiring an additional 117,811 shares during the period. Kingdom Financial Group LLC. lifted its position in shares of iShares Russell Top 200 Growth ETF by 147.9% in the 4th quarter. Kingdom Financial Group LLC. now owns 154,568 shares of the company’s stock worth $42,806,000 after purchasing 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% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 200,891 shares of the company’s stock valued at $55,635,000 after buying an additional 91,471 shares during the period.

iShares Russell Top 200 Growth ETF Price Performance

Shares of iShares Russell Top 200 Growth ETF stock opened at $290.14 on Thursday. The firm has a market cap of $16.58 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. iShares Russell Top 200 Growth ETF has a one year low of $238.75 and a one year high of $303.12. The stock’s 50-day moving average is $284.32 and its 200 day moving average is $275.61.

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.