Manchester Financial Inc. Makes New $339,000 Investment in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Manchester Financial Inc. acquired a new stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 1,440 shares of the company’s stock, valued at approximately $339,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its stake in iShares Russell Top 200 Growth ETF by 45,541.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 579,187 shares of the company’s stock valued at $136,265,000 after acquiring an additional 577,918 shares during the period. Life Planning Partners Inc increased its holdings in shares of iShares Russell Top 200 Growth ETF by 23,413.0% in the fourth quarter. Life Planning Partners Inc now owns 395,018 shares of the company’s stock valued at $92,936,000 after purchasing an additional 393,338 shares during the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of iShares Russell Top 200 Growth ETF by 44.0% in the third quarter. Atlantic Union Bankshares Corp now owns 496,078 shares of the company’s stock valued at $109,162,000 after purchasing an additional 151,500 shares during the last quarter. Hidden Cove Wealth Management LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter valued at about $18,572,000. Finally, Merit Financial Group LLC lifted its stake in shares of iShares Russell Top 200 Growth ETF by 2,301.4% during the 4th quarter. Merit Financial Group LLC now owns 79,750 shares of the company’s stock worth $18,763,000 after buying an additional 76,429 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY stock opened at $241.80 on Friday. The company has a market capitalization of $12.02 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24. iShares Russell Top 200 Growth ETF has a 52 week low of $182.98 and a 52 week high of $245.04. The company has a 50-day simple moving average of $238.49 and a 200 day simple moving average of $225.39.

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.