iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Strong Trading Volume – Here’s What Happened

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) saw unusually-strong trading volume on Friday . Approximately 136,460 shares were traded during mid-day trading, a decline of 49% from the previous session’s volume of 265,784 shares.The stock last traded at $237.16 and had previously closed at $234.25.

iShares Russell Top 200 Growth ETF Stock Performance

The firm has a market capitalization of $11.76 billion, a P/E ratio of 38.86 and a beta of 1.24. The stock’s 50 day simple moving average is $233.08 and its 200 day simple moving average is $221.11.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

Hedge funds have recently made changes to their positions in the company. Rosenberg Matthew Hamilton bought a new stake in shares of iShares Russell Top 200 Growth ETF in the third quarter valued at about $36,000. Spectrum Wealth Counsel LLC purchased a new position in iShares Russell Top 200 Growth ETF in the second quarter valued at about $39,000. VitalStone Financial LLC raised its holdings in iShares Russell Top 200 Growth ETF by 78.3% in the third quarter. VitalStone Financial LLC now owns 189 shares of the company’s stock worth $42,000 after purchasing an additional 83 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $46,000. Finally, BOKF NA purchased a new stake in iShares Russell Top 200 Growth ETF during the second quarter valued at approximately $46,000.

iShares Russell Top 200 Growth ETF Company 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.