NewEdge Advisors LLC Has $44.84 Million Stock Position in iShares Russell Top 200 Growth ETF $IWY

NewEdge Advisors LLC grew its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 8.7% during the 1st quarter, HoldingsChannel reports. The firm owned 180,190 shares of the company’s stock after acquiring an additional 14,480 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $44,839,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Lifetime Wealth Management P.C. bought a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth approximately $31,000. Optima Capital LLC bought a new stake in iShares Russell Top 200 Growth ETF in the fourth quarter valued at $33,000. Main Street Group LTD bought a new stake in iShares Russell Top 200 Growth ETF in the first quarter valued at $35,000. International Assets Investment Management LLC acquired a new position in iShares Russell Top 200 Growth ETF during the fourth quarter worth $52,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in iShares Russell Top 200 Growth ETF during the first quarter worth $54,000.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA IWY opened at $288.89 on Friday. The stock has a market cap of $16.51 billion, a PE ratio of 35.13 and a beta of 1.17. The business has a fifty day moving average of $285.13 and a two-hundred day moving average of $275.06. iShares Russell Top 200 Growth ETF has a 52-week low of $238.75 and a 52-week high of $303.12.

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.