Merit Financial Group LLC Sells 2,532 Shares of iShares Russell Top 200 Growth ETF $IWY

Merit Financial Group LLC reduced its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWYFree Report) by 2.5% during the second quarter, Holdings Channel.com reports. The fund owned 97,027 shares of the company’s stock after selling 2,532 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $28,198,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in iShares Russell Top 200 Growth ETF by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 3,915 shares of the company’s stock valued at $826,000 after purchasing an additional 127 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF by 77.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 102,914 shares of the company’s stock worth $21,709,000 after purchasing an additional 44,918 shares during the period. Ieq Capital LLC lifted its position in shares of iShares Russell Top 200 Growth ETF by 11.9% in the 2nd quarter. Ieq Capital LLC now owns 15,255 shares of the company’s stock worth $3,760,000 after purchasing an additional 1,626 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter valued at $3,695,000. Finally, Bank of America Corp DE boosted its stake in shares of iShares Russell Top 200 Growth ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 2,209,077 shares of the company’s stock valued at $544,560,000 after purchasing an additional 19,978 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Up 0.6%

IWY opened at $290.14 on Thursday. iShares Russell Top 200 Growth ETF has a twelve month low of $238.75 and a twelve month high of $303.12. The company has a fifty day moving average of $284.32 and a 200-day moving average of $275.61. The stock has a market cap of $16.58 billion, a PE ratio of 35.13 and a beta of 1.17.

About iShares Russell Top 200 Growth ETF

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding IWY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Top 200 Growth ETF (NYSEARCA:IWYFree Report).

Institutional Ownership by Quarter for iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Receive News & Ratings for iShares Russell Top 200 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Top 200 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.