iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Hits New 1-Year High – Here’s Why

Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) reached a new 52-week high on Thursday . The company traded as high as $296.21 and last traded at $295.72, with a volume of 37904 shares. The stock had previously closed at $294.85.

iShares Russell Top 200 Growth ETF Stock Performance

The firm has a market capitalization of $17.71 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. The business has a fifty day moving average of $273.65 and a two-hundred day moving average of $272.32.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IWY. AQR Capital Management LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 3,915 shares of the company’s stock worth $826,000 after acquiring an additional 127 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares Russell Top 200 Growth ETF by 77.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 102,914 shares of the company’s stock worth $21,709,000 after acquiring an additional 44,918 shares during the last quarter. Ieq Capital LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 11.9% during the 2nd quarter. Ieq Capital LLC now owns 15,255 shares of the company’s stock worth $3,760,000 after acquiring an additional 1,626 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares Russell Top 200 Growth ETF in the 2nd quarter valued at $3,695,000. Finally, Bank of America Corp DE grew its holdings in iShares Russell Top 200 Growth ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 2,209,077 shares of the company’s stock valued at $544,560,000 after buying an additional 19,978 shares in the last quarter.

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. 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.