Meridian Financial Partners LLC Has $7.30 Million Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Meridian Financial Partners LLC increased its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 1.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,601 shares of the company’s stock after buying an additional 342 shares during the quarter. iShares Russell Top 200 Growth ETF comprises 3.7% of Meridian Financial Partners LLC’s portfolio, making the stock its 6th largest holding. Meridian Financial Partners LLC owned about 0.06% of iShares Russell Top 200 Growth ETF worth $7,299,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cedar Mountain Advisors LLC boosted its stake in iShares Russell Top 200 Growth ETF by 381.8% during the 1st quarter. Cedar Mountain Advisors LLC now owns 371 shares of the company’s stock valued at $78,000 after purchasing an additional 294 shares in the last quarter. Stokes Capital Advisors LLC boosted its stake in iShares Russell Top 200 Growth ETF by 3.2% during the 1st quarter. Stokes Capital Advisors LLC now owns 15,210 shares of the company’s stock valued at $3,208,000 after purchasing an additional 478 shares in the last quarter. Sovereign Financial Group Inc. boosted its stake in iShares Russell Top 200 Growth ETF by 5.8% during the 1st quarter. Sovereign Financial Group Inc. now owns 8,012 shares of the company’s stock valued at $1,690,000 after purchasing an additional 440 shares in the last quarter. Prospect Financial Services LLC boosted its stake in iShares Russell Top 200 Growth ETF by 138.8% during the 1st quarter. Prospect Financial Services LLC now owns 3,646 shares of the company’s stock valued at $769,000 after purchasing an additional 2,119 shares in the last quarter. Finally, 626 Financial LLC boosted its stake in iShares Russell Top 200 Growth ETF by 7.9% during the 1st quarter. 626 Financial LLC now owns 36,279 shares of the company’s stock valued at $7,653,000 after purchasing an additional 2,651 shares in the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA IWY opened at $236.57 on Friday. The stock has a fifty day moving average price of $216.55 and a two-hundred day moving average price of $226.87. The firm has a market cap of $13.35 billion, a P/E ratio of 32.89 and a beta of 1.15. iShares Russell Top 200 Growth ETF has a 1 year low of $180.65 and a 1 year high of $245.04.

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.