Prospect Financial Services LLC Invests $359,000 in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Prospect Financial Services LLC acquired a new stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,527 shares of the company’s stock, valued at approximately $359,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp increased its holdings in shares of iShares Russell Top 200 Growth ETF by 44.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 496,078 shares of the company’s stock valued at $109,162,000 after acquiring an additional 151,500 shares during the last quarter. Merit Financial Group LLC boosted its position in iShares Russell Top 200 Growth ETF by 2,301.4% in the fourth quarter. Merit Financial Group LLC now owns 79,750 shares of the company’s stock valued at $18,763,000 after buying an additional 76,429 shares in the last quarter. Truist Financial Corp grew its holdings 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 worth $161,527,000 after purchasing an additional 64,338 shares during the last quarter. Richard P Slaughter Associates Inc bought a new stake in shares of iShares Russell Top 200 Growth ETF during the fourth quarter valued at approximately $14,953,000. Finally, Bluesphere Advisors LLC bought a new position in iShares Russell Top 200 Growth ETF in the third quarter valued at about $11,249,000.

iShares Russell Top 200 Growth ETF Stock Down 3.1 %

Shares of IWY stock opened at $234.82 on Tuesday. The firm has a fifty day moving average of $236.45 and a 200-day moving average of $223.32. iShares Russell Top 200 Growth ETF has a 12-month low of $180.22 and a 12-month high of $245.04. The firm has a market capitalization of $11.67 billion, a price-to-earnings 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.