iShares Russell Top 200 Growth ETF $IWY is First Citizens Bank & Trust Co.’s Largest Position

First Citizens Bank & Trust Co. lowered its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 0.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,522,656 shares of the company’s stock after selling 27,418 shares during the quarter. iShares Russell Top 200 Growth ETF comprises 19.6% of First Citizens Bank & Trust Co.’s portfolio, making the stock its largest position. First Citizens Bank & Trust Co. owned about 7.66% of iShares Russell Top 200 Growth ETF worth $1,125,418,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Lifetime Wealth Management P.C. acquired a new position in iShares Russell Top 200 Growth ETF during the 4th quarter worth approximately $31,000. Optima Capital LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the fourth quarter valued at approximately $33,000. Main Street Group LTD purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the first quarter valued at approximately $35,000. International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF during the fourth quarter worth $52,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF during the first quarter worth $54,000.

iShares Russell Top 200 Growth ETF Trading Up 1.7%

Shares of IWY stock opened at $284.18 on Wednesday. The company has a market capitalization of $16.53 billion, a PE ratio of 35.13 and a beta of 1.16. The firm has a fifty day simple moving average of $288.61 and a 200-day simple moving average of $274.86. iShares Russell Top 200 Growth ETF has a twelve month low of $238.75 and a twelve month high of $303.12.

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.