Hidden Cove Wealth Management LLC Sells 32,077 Shares of iShares Russell Top 200 Growth ETF $IWY

Hidden Cove Wealth Management LLC reduced its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 46.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 37,313 shares of the company’s stock after selling 32,077 shares during the period. iShares Russell Top 200 Growth ETF comprises approximately 5.9% of Hidden Cove Wealth Management LLC’s holdings, making the stock its 4th largest position. Hidden Cove Wealth Management LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $11,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in iShares Russell Top 200 Growth ETF by 58.6% in the first quarter. Bank of America Corp DE now owns 3,357,374 shares of the company’s stock valued at $835,449,000 after purchasing an additional 1,240,884 shares during the period. First Citizens Bank & Trust Co. purchased a new stake in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at approximately $508,480,000. Baer Investment Advisory LLC purchased a new stake in iShares Russell Top 200 Growth ETF in the 1st quarter valued at approximately $115,113,000. Cetera Investment Advisers increased its position in iShares Russell Top 200 Growth ETF by 4.4% during the 1st quarter. Cetera Investment Advisers now owns 373,839 shares of the company’s stock worth $93,026,000 after purchasing an additional 15,813 shares during the period. Finally, DAVENPORT & Co LLC increased its position in iShares Russell Top 200 Growth ETF by 40.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 310,652 shares of the company’s stock worth $90,282,000 after purchasing an additional 88,753 shares during the period.

iShares Russell Top 200 Growth ETF Price Performance

NYSEARCA IWY traded up $2.71 on Monday, hitting $288.48. 1,882,362 shares of the company’s stock were exchanged, compared to its average volume of 439,204. The firm has a market cap of $16.26 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. The firm’s 50-day moving average price is $291.06 and its two-hundred day moving average price is $285.48. iShares Russell Top 200 Growth ETF has a fifty-two week low of $238.75 and a fifty-two week high of $305.24.

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. 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.