19,174 Shares in iShares Russell Top 200 Growth ETF $IWY Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. purchased a new position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the 4th quarter, HoldingsChannel reports. The firm purchased 19,174 shares of the company’s stock, valued at approximately $5,310,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWY. Optima Capital LLC purchased a new position in iShares Russell Top 200 Growth ETF in the fourth quarter worth about $33,000. Caitlin John LLC purchased a new position in iShares Russell Top 200 Growth ETF in the third quarter worth about $37,000. Main Street Group LTD grew its position in iShares Russell Top 200 Growth ETF by 907.1% in the third quarter. Main Street Group LTD now owns 141 shares of the company’s stock worth $39,000 after acquiring an additional 127 shares in the last quarter. Anchor Investment Management LLC grew its position in iShares Russell Top 200 Growth ETF by 49.5% in the third quarter. Anchor Investment Management LLC now owns 142 shares of the company’s stock worth $39,000 after acquiring an additional 47 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in iShares Russell Top 200 Growth ETF in the fourth quarter worth about $52,000.

iShares Russell Top 200 Growth ETF Price Performance

Shares of NYSEARCA:IWY opened at $285.02 on Friday. iShares Russell Top 200 Growth ETF has a 1 year low of $233.40 and a 1 year high of $303.12. The business has a 50 day simple moving average of $281.47 and a two-hundred day simple moving average of $273.40. The firm has a market capitalization of $16.83 billion, a PE ratio of 35.13 and a beta of 1.16.

About iShares Russell Top 200 Growth ETF

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.