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

Baird Financial Group Inc. trimmed its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,417 shares of the company’s stock after selling 898 shares during the quarter. Baird Financial Group Inc. owned about 0.07% of iShares Russell Top 200 Growth ETF worth $8,097,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IWY. Envestnet Portfolio Solutions Inc. raised its stake in iShares Russell Top 200 Growth ETF by 2.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,365,087 shares of the company’s stock worth $1,262,244,000 after purchasing an additional 121,099 shares during the period. First Citizens Bank & Trust Co. raised its position in shares of iShares Russell Top 200 Growth ETF by 0.8% during the 4th quarter. First Citizens Bank & Trust Co. now owns 5,046,206 shares of the company’s stock valued at $1,187,221,000 after buying an additional 39,316 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Russell Top 200 Growth ETF by 525.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,794,522 shares of the company’s stock valued at $657,467,000 after acquiring an additional 2,347,775 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares Russell Top 200 Growth ETF by 15.0% in the 4th quarter. Ameriprise Financial Inc. now owns 2,365,017 shares of the company’s stock valued at $556,233,000 after purchasing an additional 308,168 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Russell Top 200 Growth ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 2,212,667 shares of the company’s stock worth $520,574,000 after purchasing an additional 329,632 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA:IWY opened at $218.30 on Friday. The stock has a market capitalization of $12.26 billion, a P/E ratio of 32.32 and a beta of 1.15. iShares Russell Top 200 Growth ETF has a fifty-two week low of $180.65 and a fifty-two week high of $245.04. The company has a 50 day moving average price of $210.23 and a 200 day moving average price of $226.17.

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.