Montgomery Financial Services LLC Purchases Shares of 74,091 iShares Russell Top 200 Growth ETF $IWY

Montgomery Financial Services LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 74,091 shares of the company’s stock, valued at approximately $21,532,000. iShares Russell Top 200 Growth ETF makes up approximately 18.8% of Montgomery Financial Services LLC’s investment portfolio, making the stock its 2nd largest position. Montgomery Financial Services LLC owned about 0.13% of iShares Russell Top 200 Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter valued at approximately $31,000. Main Street Group LTD bought a new stake in iShares Russell Top 200 Growth ETF during the first quarter worth $35,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Growth ETF during the fourth quarter worth $52,000. Park Square Financial Group LLC grew its holdings in iShares Russell Top 200 Growth ETF by 154.4% during the fourth quarter. Park Square Financial Group LLC now owns 201 shares of the company’s stock worth $56,000 after buying an additional 122 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at $55,000.

iShares Russell Top 200 Growth ETF Trading Up 0.1%

Shares of NYSEARCA:IWY opened at $289.29 on Friday. The stock’s fifty day simple moving average is $284.93 and its two-hundred day simple moving average is $277.69. iShares Russell Top 200 Growth ETF has a 1-year low of $238.75 and a 1-year high of $303.12. The stock has a market cap of $16.53 billion, a PE ratio of 35.13 and a beta of 1.17.

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. 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.