Hidden Cove Wealth Management LLC Makes New Investment in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Hidden Cove Wealth Management LLC acquired a new stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 78,937 shares of the company’s stock, valued at approximately $18,572,000. iShares Russell Top 200 Growth ETF makes up about 15.1% of Hidden Cove Wealth Management LLC’s holdings, making the stock its 2nd largest position.

A number of other hedge funds also recently made changes to their positions in IWY. Franklin Resources Inc. lifted its holdings in iShares Russell Top 200 Growth ETF by 17.8% during the third quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after purchasing an additional 48 shares in the last quarter. FMR LLC increased its stake in shares of iShares Russell Top 200 Growth ETF by 5.3% in the third quarter. FMR LLC now owns 20,663 shares of the company’s stock worth $4,547,000 after purchasing an additional 1,042 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Russell Top 200 Growth ETF by 38.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,410 shares of the company’s stock valued at $9,772,000 after purchasing an additional 12,377 shares during the period. Apollon Wealth Management LLC lifted its stake in shares of iShares Russell Top 200 Growth ETF by 23.9% during the 3rd quarter. Apollon Wealth Management LLC now owns 3,056 shares of the company’s stock valued at $672,000 after buying an additional 590 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares Russell Top 200 Growth ETF by 7.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 4,463 shares of the company’s stock worth $1,050,000 after buying an additional 321 shares during the period.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY stock opened at $238.71 on Thursday. The stock has a fifty day simple moving average of $238.47 and a two-hundred day simple moving average of $225.29. The firm has a market capitalization of $11.86 billion, a PE 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.

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.