Envestnet Asset Management Inc. Acquires 926,618 Shares of iShares Russell Top 200 Growth ETF $IWY

Envestnet Asset Management Inc. increased its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 231.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,327,228 shares of the company’s stock after buying an additional 926,618 shares during the period. Envestnet Asset Management Inc. owned 2.20% of iShares Russell Top 200 Growth ETF worth $363,196,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SVB Wealth LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF during the second quarter worth approximately $79,526,000. First Citizens Investor Services Inc. bought a new position in iShares Russell Top 200 Growth ETF in the 3rd quarter worth approximately $75,446,000. Global Retirement Partners LLC acquired a new position in iShares Russell Top 200 Growth ETF during the 2nd quarter worth $33,592,000. TIAA Trust National Association lifted its holdings in iShares Russell Top 200 Growth ETF by 1.2% during the 2nd quarter. TIAA Trust National Association now owns 6,102,300 shares of the company’s stock worth $1,504,278,000 after buying an additional 72,254 shares in the last quarter. Finally, CW Advisors LLC boosted its position in iShares Russell Top 200 Growth ETF by 142.2% in the 2nd quarter. CW Advisors LLC now owns 120,120 shares of the company’s stock valued at $29,611,000 after buying an additional 70,519 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY opened at $265.25 on Thursday. The stock has a market capitalization of $15.69 billion, a P/E ratio of 35.13 and a beta of 1.12. iShares Russell Top 200 Growth ETF has a 52 week low of $180.65 and a 52 week high of $288.99. The stock has a fifty day moving average of $276.10 and a 200-day moving average of $270.83.

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.