Independent Financial Group LLC Makes New Investment in iShares Russell Top 200 Growth ETF $IWY

Independent Financial Group LLC acquired a new stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,635 shares of the company’s stock, valued at approximately $1,900,000.

A number of other institutional investors also recently modified their holdings of the stock. Total Clarity Wealth Management Inc. grew its stake in shares of iShares Russell Top 200 Growth ETF by 2.3% during the first quarter. Total Clarity Wealth Management Inc. now owns 1,673 shares of the company’s stock valued at $416,000 after purchasing an additional 37 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in iShares Russell Top 200 Growth ETF by 1.4% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,736 shares of the company’s stock worth $749,000 after buying an additional 38 shares in the last quarter. Sowell Financial Services LLC lifted its holdings in iShares Russell Top 200 Growth ETF by 1.8% during the 4th quarter. Sowell Financial Services LLC now owns 2,179 shares of the company’s stock worth $603,000 after buying an additional 39 shares in the last quarter. Barnes Wealth Management Group Inc boosted its position in iShares Russell Top 200 Growth ETF by 2.1% in the 4th quarter. Barnes Wealth Management Group Inc now owns 2,052 shares of the company’s stock valued at $568,000 after buying an additional 43 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in iShares Russell Top 200 Growth ETF by 2.1% in the 4th quarter. Bank of Montreal Can now owns 2,116 shares of the company’s stock valued at $586,000 after buying an additional 43 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY opened at $279.45 on Monday. The stock has a fifty day moving average of $288.92 and a 200-day moving average of $274.80. The stock has a market capitalization of $16.25 billion, a P/E ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a 52 week low of $238.75 and a 52 week high of $303.12.

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. The Fund invests in a representative sample of securities included in the Growth Index that collectively has an investment profile similar to the Growth Index.