SVB Wealth LLC Has $85.48 Million Stock Position in iShares Russell Top 200 Growth ETF $IWY

SVB Wealth LLC increased its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 8.0% in the second quarter, HoldingsChannel reports. The firm owned 294,116 shares of the company’s stock after buying an additional 21,685 shares during the period. iShares Russell Top 200 Growth ETF makes up approximately 5.0% of SVB Wealth LLC’s investment portfolio, making the stock its 3rd largest position. SVB Wealth LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $85,476,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC grew its stake in iShares Russell Top 200 Growth ETF by 1,360.4% in the second quarter. Integrated Wealth Concepts LLC now owns 95,742 shares of the company’s stock valued at $27,825,000 after purchasing an additional 89,186 shares during the last quarter. IFP Advisors Inc raised its holdings in iShares Russell Top 200 Growth ETF by 11.9% in the second quarter. IFP Advisors Inc now owns 28,525 shares of the company’s stock worth $7,902,000 after purchasing an additional 3,044 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF by 6.0% during the second quarter. Baird Financial Group Inc. now owns 41,456 shares of the company’s stock valued at $12,048,000 after buying an additional 2,337 shares during the last quarter. Allworth Financial LP lifted its position in shares of iShares Russell Top 200 Growth ETF by 4.3% during the second quarter. Allworth Financial LP now owns 5,026 shares of the company’s stock valued at $1,450,000 after buying an additional 207 shares during the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of iShares Russell Top 200 Growth ETF by 43.6% during the second quarter. Waverly Advisors LLC now owns 162,743 shares of the company’s stock valued at $43,580,000 after buying an additional 49,390 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA:IWY opened at $288.37 on Wednesday. The company’s 50-day simple moving average is $284.96 and its 200-day simple moving average is $278.18. iShares Russell Top 200 Growth ETF has a fifty-two week low of $238.75 and a fifty-two week high of $303.12. The stock has a market capitalization of $16.48 billion, a P/E ratio of 35.13 and a beta of 1.17.

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.