iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sets New 1-Year High – What’s Next?

Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) reached a new 52-week high on Monday . The company traded as high as $243.54 and last traded at $243.37, with a volume of 70200 shares. The stock had previously closed at $241.49.

iShares Russell Top 200 Growth ETF Price Performance

The firm has a 50 day moving average price of $228.29 and a 200-day moving average price of $218.04. The firm has a market cap of $12.16 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

Several large investors have recently bought and sold shares of the business. Apollon Wealth Management LLC boosted its holdings 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 buying an additional 590 shares during the last quarter. FMR LLC raised its holdings in 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 worth $4,547,000 after purchasing an additional 1,042 shares during the period. Bond & Devick Financial Network Inc. acquired a new position in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter valued at $3,395,000. Mattson Financial Services LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter valued at $55,000. Finally, Fiduciary Alliance LLC raised its stake in iShares Russell Top 200 Growth ETF by 42.5% during the 3rd quarter. Fiduciary Alliance LLC now owns 1,377 shares of the company’s stock worth $303,000 after buying an additional 411 shares during the period.

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.