iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC cut its stake in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 21.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 242,727 shares of the company’s stock after selling 68,005 shares during the quarter. iShares Russell Top 200 Growth ETF comprises approximately 7.1% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 6th biggest position. Intelligence Driven Advisers LLC owned about 0.54% of iShares Russell Top 200 Growth ETF worth $43,761,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IWY. Wetzel Investment Advisors Inc. purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth $36,000. Tennessee Valley Asset Management Partners purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 4th quarter worth $36,000. Baker Avenue Asset Management LP purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter worth $58,000. Authentikos Wealth Advisory LLC purchased a new position in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter worth $61,000. Finally, Gradient Investments LLC grew its holdings in shares of iShares Russell Top 200 Growth ETF by 87.3% during the 4th quarter. Gradient Investments LLC now owns 547 shares of the company’s stock worth $96,000 after purchasing an additional 255 shares during the period.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA IWY traded up $2.19 during mid-day trading on Thursday, reaching $188.91. 158,523 shares of the company’s stock were exchanged, compared to its average volume of 524,708. The firm has a market capitalization of $9.25 billion, a price-to-earnings ratio of 37.26 and a beta of 1.22. iShares Russell Top 200 Growth ETF has a 52-week low of $137.94 and a 52-week high of $197.90. The company’s 50-day moving average is $192.14 and its 200-day moving average is $179.27.

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.