Drive Wealth Management LLC Takes Position in iShares Russell Top 200 Growth ETF $IWY

Drive Wealth Management LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 826 shares of the company’s stock, valued at approximately $204,000.

A number of other large investors have also recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its stake in shares of iShares Russell Top 200 Growth ETF by 2.1% during the 1st quarter. Ameriprise Financial Inc. now owns 2,415,448 shares of the company’s stock valued at $509,400,000 after purchasing an additional 50,431 shares in the last quarter. Boulay Financial Advisors LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF during the 2nd quarter valued at about $144,523,000. Raymond James Financial Inc. boosted its stake in shares of iShares Russell Top 200 Growth ETF by 6.0% during the 1st quarter. Raymond James Financial Inc. now owns 478,328 shares of the company’s stock valued at $100,898,000 after purchasing an additional 27,030 shares in the last quarter. Intelligence Driven Advisers LLC boosted its stake in shares of iShares Russell Top 200 Growth ETF by 20.2% during the 2nd quarter. Intelligence Driven Advisers LLC now owns 271,149 shares of the company’s stock valued at $66,841,000 after purchasing an additional 45,520 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of iShares Russell Top 200 Growth ETF by 4.9% during the 1st quarter. Royal Bank of Canada now owns 255,415 shares of the company’s stock valued at $53,877,000 after purchasing an additional 11,940 shares in the last quarter.

iShares Russell Top 200 Growth ETF Trading Down 0.1%

Shares of IWY opened at $275.90 on Wednesday. The firm’s 50-day moving average price is $267.15 and its 200-day moving average price is $244.55. The firm has a market capitalization of $16.54 billion, a price-to-earnings ratio of 35.13 and a beta of 1.07. iShares Russell Top 200 Growth ETF has a 1-year low of $180.65 and a 1-year high of $278.57.

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.