Sovereign Financial Group Inc. Raises Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Sovereign Financial Group Inc. lifted its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 30.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,777 shares of the company’s stock after purchasing an additional 873 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares Russell Top 200 Growth ETF were worth $662,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IWY. Total Clarity Wealth Management Inc. grew its stake in shares of iShares Russell Top 200 Growth ETF by 2.1% during the fourth quarter. Total Clarity Wealth Management Inc. now owns 2,826 shares of the company’s stock worth $495,000 after acquiring an additional 59 shares during the last quarter. Tyler Stone Wealth Management lifted its holdings in iShares Russell Top 200 Growth ETF by 9.2% in the third quarter. Tyler Stone Wealth Management now owns 1,179 shares of the company’s stock valued at $181,000 after acquiring an additional 99 shares during the period. Ballast Advisors LLC boosted its position in iShares Russell Top 200 Growth ETF by 4.1% in the 4th quarter. Ballast Advisors LLC now owns 2,821 shares of the company’s stock worth $494,000 after purchasing an additional 111 shares in the last quarter. Wolf Group Capital Advisors grew its stake in shares of iShares Russell Top 200 Growth ETF by 0.3% during the 4th quarter. Wolf Group Capital Advisors now owns 38,283 shares of the company’s stock worth $6,708,000 after purchasing an additional 116 shares during the period. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 5.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,272 shares of the company’s stock valued at $350,000 after purchasing an additional 125 shares in the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY traded down $0.24 during mid-day trading on Wednesday, reaching $195.21. 300,669 shares of the stock were exchanged, compared to its average volume of 514,311. iShares Russell Top 200 Growth ETF has a 1 year low of $141.01 and a 1 year high of $197.90. The business’s 50 day moving average is $192.24 and its 200-day moving average is $180.45. The company has a market capitalization of $9.56 billion, a P/E ratio of 37.26 and a beta of 1.22.

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.