Merit Financial Group LLC Sells 2,532 Shares of iShares Russell Top 200 Growth ETF $IWY

Merit Financial Group LLC lowered its position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 97,027 shares of the company’s stock after selling 2,532 shares during the quarter. Merit Financial Group LLC owned 0.17% of iShares Russell Top 200 Growth ETF worth $28,198,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at approximately $31,000. Optima Capital LLC bought a new stake in iShares Russell Top 200 Growth ETF during the 4th quarter worth approximately $33,000. Main Street Group LTD bought a new stake in iShares Russell Top 200 Growth ETF during the 1st quarter worth approximately $35,000. International Assets Investment Management LLC acquired a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at approximately $52,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of iShares Russell Top 200 Growth ETF during the first quarter valued at $54,000.

iShares Russell Top 200 Growth ETF Stock Performance

IWY stock opened at $290.14 on Thursday. The company has a market capitalization of $16.58 billion, a P/E ratio of 35.13 and a beta of 1.17. The company has a fifty day moving average price of $284.32 and a 200-day moving average price of $275.61. iShares Russell Top 200 Growth ETF has a 52-week low of $238.75 and a 52-week high of $303.12.

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. 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.