iShares Russell Top 200 Growth ETF $IWY is Nova Wealth Management Inc.’s 3rd Largest Position

Nova Wealth Management Inc. reduced its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 11.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,750 shares of the company’s stock after selling 2,322 shares during the quarter. iShares Russell Top 200 Growth ETF comprises approximately 3.6% of Nova Wealth Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Nova Wealth Management Inc.’s holdings in iShares Russell Top 200 Growth ETF were worth $5,131,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IWY. Russell Investments Group Ltd. raised its stake in iShares Russell Top 200 Growth ETF by 10.0% during the first quarter. Russell Investments Group Ltd. now owns 2,312 shares of the company’s stock worth $488,000 after purchasing an additional 210 shares during the period. Raymond James Financial Inc. increased its holdings 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 worth $100,898,000 after buying an additional 27,030 shares during the last quarter. Summit Financial LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 2.1% in the 1st quarter. Summit Financial LLC now owns 18,053 shares of the company’s stock worth $3,808,000 after buying an additional 378 shares during the period. CW Advisors LLC purchased a new position in shares of iShares Russell Top 200 Growth ETF in the 1st quarter worth $10,463,000. Finally, Ameriprise Financial Inc. boosted its holdings in iShares Russell Top 200 Growth ETF by 2.1% in the first quarter. Ameriprise Financial Inc. now owns 2,415,448 shares of the company’s stock valued at $509,400,000 after acquiring an additional 50,431 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA:IWY opened at $274.63 on Wednesday. iShares Russell Top 200 Growth ETF has a 1 year low of $180.65 and a 1 year high of $288.99. The stock has a market capitalization of $16.53 billion, a P/E ratio of 35.13 and a beta of 1.12. The stock has a 50-day simple moving average of $277.16 and a 200-day simple moving average of $262.62.

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.