Able Wealth Management LLC Grows Holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Able Wealth Management LLC grew its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 383.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,397 shares of the company’s stock after buying an additional 5,075 shares during the quarter. iShares Russell Top 200 Growth ETF accounts for 1.0% of Able Wealth Management LLC’s holdings, making the stock its 26th biggest position. Able Wealth Management LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $1,505,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWY. DHJJ Financial Advisors Ltd. increased its position in shares of iShares Russell Top 200 Growth ETF by 3,600.0% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 148 shares of the company’s stock valued at $35,000 after acquiring an additional 144 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter valued at $36,000. Sunbelt Securities Inc. purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter valued at $46,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth $49,000. Finally, New Millennium Group LLC boosted its holdings in shares of iShares Russell Top 200 Growth ETF by 49.1% in the 4th quarter. New Millennium Group LLC now owns 261 shares of the company’s stock worth $61,000 after buying an additional 86 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY opened at $242.37 on Thursday. iShares Russell Top 200 Growth ETF has a 52-week low of $182.98 and a 52-week high of $245.04. The company has a 50-day simple moving average of $238.75 and a 200 day simple moving average of $226.54. The company has a market capitalization of $14.45 billion, a PE ratio of 37.65 and a beta of 1.08.

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.