Founders Financial Securities LLC Sells 2,634 Shares of iShares Russell Top 200 Growth ETF $IWY

Founders Financial Securities LLC cut its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 75.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 861 shares of the company’s stock after selling 2,634 shares during the period. Founders Financial Securities LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $224,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWY. Lifetime Wealth Management P.C. acquired a new stake in iShares Russell Top 200 Growth ETF in the 4th quarter valued at about $31,000. Optima Capital LLC bought a new position in iShares Russell Top 200 Growth ETF during the fourth quarter worth about $33,000. Caitlin John LLC acquired a new position in iShares Russell Top 200 Growth ETF during the third quarter worth approximately $37,000. Anchor Investment Management LLC increased its position in iShares Russell Top 200 Growth ETF by 49.5% during the third quarter. Anchor Investment Management LLC now owns 142 shares of the company’s stock worth $39,000 after buying an additional 47 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Growth ETF in the fourth quarter valued at approximately $52,000.

iShares Russell Top 200 Growth ETF Stock Down 1.6%

NYSEARCA:IWY opened at $280.52 on Wednesday. iShares Russell Top 200 Growth ETF has a 12-month low of $238.71 and a 12-month high of $303.12. The firm has a market capitalization of $16.56 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. The stock’s 50 day moving average price is $286.61 and its two-hundred day moving average price is $273.93.

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.