Envestnet Asset Management Inc. Acquires 2,347,775 Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Envestnet Asset Management Inc. grew its holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 525.5% in the fourth quarter, HoldingsChannel.com reports. 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 about 0.06% of iShares Russell Top 200 Growth ETF worth $657,467,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IWY. Franklin Resources Inc. grew its position in 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 in the last quarter. Godshalk Welsh Capital Management Inc. boosted its holdings in shares of iShares Russell Top 200 Growth ETF by 1.4% in the 4th 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 period. Fiduciary Alliance LLC increased its position in shares of 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 purchasing an additional 65 shares during the last quarter. New Millennium Group LLC increased its position 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 purchasing an additional 86 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its holdings in iShares Russell Top 200 Growth ETF by 66.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 269 shares of the company’s stock valued at $63,000 after buying an additional 107 shares during the period.

iShares Russell Top 200 Growth ETF Trading Down 5.9 %

iShares Russell Top 200 Growth ETF stock opened at $190.53 on Friday. The firm has a market capitalization of $10.63 billion, a PE ratio of 33.07 and a beta of 1.09. 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 50-day moving average price of $226.19 and a 200-day moving average price of $228.63.

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.