Envestnet Asset Management Inc. Raises Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Envestnet Asset Management Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 525.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,794,522 shares of the company’s stock after acquiring an additional 2,347,775 shares during the period. Envestnet Asset Management Inc. owned approximately 5.62% of iShares Russell Top 200 Growth ETF worth $657,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its stake in shares of iShares Russell Top 200 Growth ETF by 17.8% in the third quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock worth $71,000 after acquiring an additional 48 shares during the period. Godshalk Welsh Capital Management Inc. boosted its holdings in iShares Russell Top 200 Growth ETF by 1.4% in the fourth quarter. Godshalk Welsh Capital Management Inc. now owns 3,535 shares of the company’s stock worth $832,000 after purchasing an additional 50 shares during the last quarter. Fiduciary Alliance LLC raised its stake in iShares Russell Top 200 Growth ETF by 4.7% during the 4th quarter. Fiduciary Alliance LLC now owns 1,442 shares of the company’s stock valued at $339,000 after buying an additional 65 shares during the last quarter. New Millennium Group LLC lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 49.1% during the 4th quarter. New Millennium Group LLC now owns 261 shares of the company’s stock valued at $61,000 after buying an additional 86 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its stake in shares of iShares Russell Top 200 Growth ETF by 66.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 269 shares of the company’s stock worth $63,000 after buying an additional 107 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA:IWY opened at $190.53 on Friday. iShares Russell Top 200 Growth ETF has a 52-week low of $182.98 and a 52-week high of $245.04. The stock has a market capitalization of $10.63 billion, a price-to-earnings ratio of 33.07 and a beta of 1.09. The stock’s 50-day simple moving average is $226.19 and its two-hundred day simple moving average is $228.63.

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.