Pineridge Advisors LLC Makes New Investment in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Pineridge Advisors LLC purchased a new stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,883 shares of the company’s stock, valued at approximately $1,031,000. iShares Russell Top 200 Growth ETF makes up about 0.3% of Pineridge Advisors LLC’s investment portfolio, making the stock its 23rd largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Centaurus Financial Inc. purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the fourth quarter valued at about $107,000. Integrated Advisors Network LLC boosted its position in iShares Russell Top 200 Growth ETF by 7.7% during the fourth quarter. Integrated Advisors Network LLC now owns 2,088 shares of the company’s stock worth $366,000 after acquiring an additional 150 shares during the last quarter. American Trust boosted its position in iShares Russell Top 200 Growth ETF by 78.1% during the fourth quarter. American Trust now owns 11,368 shares of the company’s stock worth $1,992,000 after acquiring an additional 4,985 shares during the last quarter. Novak & Powell Financial Services Inc. acquired a new stake in iShares Russell Top 200 Growth ETF during the fourth quarter worth approximately $245,000. Finally, Comerica Bank boosted its position in iShares Russell Top 200 Growth ETF by 15.7% during the fourth quarter. Comerica Bank now owns 11,060 shares of the company’s stock worth $1,938,000 after acquiring an additional 1,499 shares during the last quarter.

iShares Russell Top 200 Growth ETF Trading Up 0.4 %

Shares of IWY traded up $0.93 during mid-day trading on Friday, reaching $213.74. The company had a trading volume of 232,563 shares, compared to its average volume of 504,421. The stock has a market cap of $10.62 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24. The firm has a fifty day simple moving average of $197.09 and a 200-day simple moving average of $188.31. iShares Russell Top 200 Growth ETF has a fifty-two week low of $148.45 and a fifty-two week high of $213.77.

iShares Russell Top 200 Growth ETF 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.