Sovereign Financial Group Inc. Raises Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Sovereign Financial Group Inc. boosted its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,572 shares of the company’s stock after purchasing an additional 536 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Russell Top 200 Growth ETF were worth $1,781,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IWY. Bank of Montreal Can lifted its stake in shares of iShares Russell Top 200 Growth ETF by 48,692.5% in the 2nd quarter. Bank of Montreal Can now owns 214,687 shares of the company’s stock valued at $46,449,000 after acquiring an additional 214,247 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in iShares Russell Top 200 Growth ETF by 44.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 496,078 shares of the company’s stock worth $109,162,000 after purchasing an additional 151,500 shares during the period. AE Wealth Management LLC lifted its position in iShares Russell Top 200 Growth ETF by 11.3% in the second quarter. AE Wealth Management LLC now owns 661,320 shares of the company’s stock valued at $141,867,000 after purchasing an additional 67,139 shares during the last quarter. Truist Financial Corp boosted its stake in shares of iShares Russell Top 200 Growth ETF by 9.3% during the second quarter. Truist Financial Corp now owns 752,968 shares of the company’s stock valued at $161,527,000 after purchasing an additional 64,338 shares during the period. Finally, Elevation Capital Advisory LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the second quarter worth approximately $11,915,000.

iShares Russell Top 200 Growth ETF Stock Down 0.5 %

Shares of NYSEARCA IWY opened at $230.54 on Wednesday. The firm’s fifty day moving average is $235.12 and its 200 day moving average is $222.34. iShares Russell Top 200 Growth ETF has a 52 week low of $174.63 and a 52 week high of $245.04. The company has a market cap of $11.46 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24.

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.