Belpointe Asset Management LLC Acquires 6,004 Shares of iShares Russell Top 200 Growth ETF $IWY

Belpointe Asset Management LLC boosted its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 73.1% during the second quarter, Holdings Channel reports. The fund owned 14,221 shares of the company’s stock after acquiring an additional 6,004 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $3,506,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares Russell Top 200 Growth ETF during the first quarter worth approximately $40,000. NBC Securities Inc. bought a new position in iShares Russell Top 200 Growth ETF in the 1st quarter worth approximately $44,000. Richards Merrill & Peterson Inc. lifted its holdings in iShares Russell Top 200 Growth ETF by 11,500.0% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 232 shares of the company’s stock worth $49,000 after buying an additional 230 shares in the last quarter. New Republic Capital LLC bought a new position in iShares Russell Top 200 Growth ETF in the 1st quarter valued at $65,000. Finally, Cedar Mountain Advisors LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 381.8% during the first quarter. Cedar Mountain Advisors LLC now owns 371 shares of the company’s stock worth $78,000 after acquiring an additional 294 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Down 0.4%

Shares of IWY opened at $274.46 on Monday. The stock’s fifty day simple moving average is $262.85 and its 200-day simple moving average is $239.57. The firm has a market capitalization of $16.10 billion, a PE ratio of 35.13 and a beta of 1.07. iShares Russell Top 200 Growth ETF has a 12-month low of $180.65 and a 12-month high of $276.81.

iShares Russell Top 200 Growth ETF 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.