Burns Matteson Capital Management LLC Purchases 1,766 Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Burns Matteson Capital Management LLC boosted its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 6.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 29,813 shares of the company’s stock after acquiring an additional 1,766 shares during the quarter. iShares Russell Top 200 Growth ETF comprises about 3.4% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 4th largest holding. Burns Matteson Capital Management LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $7,014,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IWY. Franklin Resources Inc. raised its holdings 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 acquiring an additional 48 shares during the last quarter. FMR LLC boosted its position in shares of iShares Russell Top 200 Growth ETF by 5.3% during the 3rd quarter. FMR LLC now owns 20,663 shares of the company’s stock worth $4,547,000 after purchasing an additional 1,042 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Russell Top 200 Growth ETF by 38.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 44,410 shares of the company’s stock valued at $9,772,000 after purchasing an additional 12,377 shares during the last quarter. Apollon Wealth Management LLC lifted its stake in iShares Russell Top 200 Growth ETF by 23.9% during the third quarter. Apollon Wealth Management LLC now owns 3,056 shares of the company’s stock worth $672,000 after purchasing an additional 590 shares in the last quarter. Finally, Bond & Devick Financial Network Inc. purchased a new stake in iShares Russell Top 200 Growth ETF during the third quarter worth about $3,395,000.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY stock opened at $237.01 on Monday. iShares Russell Top 200 Growth ETF has a fifty-two week low of $182.98 and a fifty-two week high of $245.04. The company has a 50 day moving average price of $238.27 and a 200 day moving average price of $224.71. The stock has a market capitalization of $11.78 billion, a P/E ratio of 38.86 and a beta of 1.24.

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.