iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Unusually-High Trading Volume – What’s Next?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) shares saw strong trading volume on Tuesday . 1,737,052 shares traded hands during mid-day trading, an increase of 317% from the previous session’s volume of 416,680 shares.The stock last traded at $213.87 and had previously closed at $212.54.

iShares Russell Top 200 Growth ETF Stock Down 0.2 %

The stock has a market cap of $12.00 billion, a PE ratio of 33.18 and a beta of 1.09. The business has a 50 day moving average price of $235.36 and a 200 day moving average price of $228.68.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

Several large investors have recently made changes to their positions in IWY. Glass Jacobson Investment Advisors llc raised its holdings in iShares Russell Top 200 Growth ETF by 25.1% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 219 shares of the company’s stock worth $52,000 after purchasing an additional 44 shares during the period. Franklin Resources Inc. raised its stake in shares of iShares Russell Top 200 Growth ETF by 17.8% during the 3rd quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock worth $71,000 after buying an additional 48 shares during the period. Godshalk Welsh Capital Management Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF by 1.4% during the 4th quarter. Godshalk Welsh Capital Management Inc. now owns 3,535 shares of the company’s stock valued at $832,000 after buying an additional 50 shares in the last quarter. Redwood Financial Network Corp grew its stake in iShares Russell Top 200 Growth ETF by 1.8% in the 4th quarter. Redwood Financial Network Corp now owns 3,195 shares of the company’s stock valued at $752,000 after acquiring an additional 56 shares during the period. Finally, Retireful LLC increased its holdings in iShares Russell Top 200 Growth ETF by 3.0% in the 3rd quarter. Retireful LLC now owns 2,169 shares of the company’s stock worth $477,000 after acquiring an additional 63 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.