Perennial Investment Advisors LLC Buys 24,632 Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Perennial Investment Advisors LLC raised its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 55.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 68,712 shares of the company’s stock after buying an additional 24,632 shares during the period. iShares Russell Top 200 Growth ETF accounts for approximately 1.9% of Perennial Investment Advisors LLC’s investment portfolio, making the stock its 9th largest position. Perennial Investment Advisors LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $16,176,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IWY. DHJJ Financial Advisors Ltd. raised its position in shares of iShares Russell Top 200 Growth ETF by 3,600.0% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 148 shares of the company’s stock valued at $35,000 after buying an additional 144 shares during the period. EverSource Wealth Advisors LLC raised its position in iShares Russell Top 200 Growth ETF by 282.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 172 shares of the company’s stock valued at $40,000 after purchasing an additional 127 shares during the period. HHM Wealth Advisors LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF in the 4th quarter valued at $49,000. Sunbelt Securities Inc. purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter worth $46,000. Finally, FPC Investment Advisory Inc. purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth $57,000.

iShares Russell Top 200 Growth ETF Trading Down 5.9 %

Shares of IWY opened at $190.53 on Friday. The company’s 50-day moving average price is $226.19 and its 200 day moving average price is $228.63. iShares Russell Top 200 Growth ETF has a 12-month low of $182.98 and a 12-month high of $245.04. The firm has a market cap of $10.63 billion, a P/E ratio of 33.07 and a beta of 1.09.

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.