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

Sovereign Financial Group Inc. lifted its holdings in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 8.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,084 shares of the company’s stock after buying an additional 307 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Russell Top 200 Growth ETF were worth $797,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ICA Group Wealth Management LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the fourth quarter valued at $35,000. Tucker Asset Management LLC lifted its holdings in iShares Russell Top 200 Growth ETF by 187.1% in the fourth quarter. Tucker Asset Management LLC now owns 201 shares of the company’s stock valued at $35,000 after acquiring an additional 131 shares during the period. Wetzel Investment Advisors Inc. bought a new position in iShares Russell Top 200 Growth ETF in the fourth quarter valued at about $36,000. Tennessee Valley Asset Management Partners bought a new position in iShares Russell Top 200 Growth ETF in the fourth quarter valued at about $36,000. Finally, Baker Avenue Asset Management LP bought a new position in iShares Russell Top 200 Growth ETF in the third quarter valued at about $58,000.

iShares Russell Top 200 Growth ETF Trading Up 1.2 %

IWY stock traded up $2.60 during trading on Tuesday, reaching $214.40. The stock had a trading volume of 1,167,569 shares, compared to its average volume of 501,567. iShares Russell Top 200 Growth ETF has a 52 week low of $148.45 and a 52 week high of $217.23. The stock’s 50 day moving average is $200.14 and its two-hundred day moving average is $190.71. The firm has a market cap of $10.66 billion, a PE 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.