Redstone Wealth Management LLC Takes Position in iShares Russell Top 200 Growth ETF $IWY

Redstone Wealth Management LLC acquired a new stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,546 shares of the company’s stock, valued at approximately $8,183,000. iShares Russell Top 200 Growth ETF makes up approximately 6.5% of Redstone Wealth Management LLC’s portfolio, making the stock its 8th biggest holding.

Other hedge funds have also recently modified their holdings of the company. Networth Advisors LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF during the fourth quarter valued at about $945,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in shares of iShares Russell Top 200 Growth ETF by 90.2% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,426 shares of the company’s stock valued at $2,610,000 after acquiring an additional 4,471 shares in the last quarter. Capital Asset Advisory Services LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 32.4% during the fourth quarter. Capital Asset Advisory Services LLC now owns 28,318 shares of the company’s stock valued at $7,854,000 after acquiring an additional 6,929 shares in the last quarter. Future Financial Wealth Managment LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 11.5% during the fourth quarter. Future Financial Wealth Managment LLC now owns 21,633 shares of the company’s stock valued at $5,782,000 after acquiring an additional 2,239 shares in the last quarter. Finally, Equity Wealth Partners LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 73.2% during the fourth quarter. Equity Wealth Partners LLC now owns 52,948 shares of the company’s stock valued at $14,663,000 after acquiring an additional 22,372 shares in the last quarter.

iShares Russell Top 200 Growth ETF Price Performance

Shares of NYSEARCA IWY opened at $293.36 on Monday. The business’s 50 day moving average price is $269.80 and its 200 day moving average price is $271.66. The firm has a market cap of $17.32 billion, a P/E ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a 52 week low of $226.00 and a 52 week high of $296.11.

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. 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.