iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Reaches New 52-Week Low – Time to Sell?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)’s stock price reached a new 52-week low on Monday . The stock traded as low as $180.65 and last traded at $181.35, with a volume of 149634 shares changing hands. The stock had previously closed at $190.53.

iShares Russell Top 200 Growth ETF Stock Up 0.1 %

The stock’s fifty day moving average is $226.19 and its two-hundred day moving average is $228.84. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 33.07 and a beta of 1.09.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Franklin Resources Inc. lifted its stake in iShares Russell Top 200 Growth ETF by 17.8% in the 3rd quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after purchasing an additional 48 shares during the last quarter. FMR LLC lifted its position in shares of iShares Russell Top 200 Growth ETF by 5.3% in the third quarter. FMR LLC now owns 20,663 shares of the company’s stock valued at $4,547,000 after buying an additional 1,042 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Russell Top 200 Growth ETF by 38.6% in the third quarter. JPMorgan Chase & Co. now owns 44,410 shares of the company’s stock valued at $9,772,000 after buying an additional 12,377 shares during the last quarter. Blue Trust Inc. bought a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth approximately $129,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 7.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,463 shares of the company’s stock worth $1,050,000 after acquiring an additional 321 shares during the last quarter.

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.