Founders Financial Securities LLC Has $224,000 Position in iShares Russell Top 200 Growth ETF $IWY

Founders Financial Securities LLC cut its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 75.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 861 shares of the company’s stock after selling 2,634 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $224,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new stake in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth about $31,000. Optima Capital LLC acquired a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at about $33,000. Caitlin John LLC bought a new position in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $37,000. Anchor Investment Management LLC raised its holdings in iShares Russell Top 200 Growth ETF by 49.5% in the 3rd quarter. Anchor Investment Management LLC now owns 142 shares of the company’s stock valued at $39,000 after acquiring an additional 47 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in iShares Russell Top 200 Growth ETF during the fourth quarter worth approximately $52,000.

iShares Russell Top 200 Growth ETF Stock Down 1.6%

Shares of IWY stock opened at $280.52 on Wednesday. iShares Russell Top 200 Growth ETF has a 12-month low of $238.71 and a 12-month high of $303.12. The company has a market capitalization of $16.56 billion, a PE ratio of 35.13 and a beta of 1.16. The firm has a 50 day moving average price of $286.61 and a two-hundred day moving average price of $273.93.

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.