Wealthfront Advisers LLC Takes $24.62 Million Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Wealthfront Advisers LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 104,641 shares of the company’s stock, valued at approximately $24,619,000.

A number of other institutional investors also recently modified their holdings of IWY. Founders Financial Alliance LLC increased its stake in shares of iShares Russell Top 200 Growth ETF by 81.3% in the fourth quarter. Founders Financial Alliance LLC now owns 3,115 shares of the company’s stock valued at $733,000 after buying an additional 1,397 shares during the period. Investors Research Corp raised its position in iShares Russell Top 200 Growth ETF by 4.2% in the 4th quarter. Investors Research Corp now owns 68,055 shares of the company’s stock valued at $16,011,000 after buying an additional 2,762 shares during the last quarter. Independent Advisor Alliance increased its position in shares of iShares Russell Top 200 Growth ETF by 211.6% during the 4th quarter. Independent Advisor Alliance now owns 29,386 shares of the company’s stock valued at $6,914,000 after purchasing an additional 19,954 shares during the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of iShares Russell Top 200 Growth ETF by 1.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 503,540 shares of the company’s stock worth $118,468,000 after acquiring an additional 7,462 shares during the period. Finally, Rialto Wealth Management LLC bought a new position in iShares Russell Top 200 Growth ETF in the 4th quarter worth about $118,000.

iShares Russell Top 200 Growth ETF Trading Down 0.2 %

Shares of IWY opened at $212.08 on Wednesday. The company has a market cap of $12.00 billion, a PE ratio of 33.18 and a beta of 1.09. iShares Russell Top 200 Growth ETF has a 12-month low of $182.98 and a 12-month high of $245.04. The stock has a 50-day moving average price of $234.90 and a 200-day moving average price of $228.66.

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.