Salomon & Ludwin LLC Reduces Stock Holdings in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Salomon & Ludwin LLC reduced its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 53.6% during the second quarter, Holdings Channel reports. The firm owned 156 shares of the company’s stock after selling 180 shares during the quarter. Salomon & Ludwin LLC’s holdings in iShares Russell Top 200 Growth ETF were worth $33,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWY. Williams Financial LLC boosted its stake in shares of iShares Russell Top 200 Growth ETF by 6,173.3% during the 2nd quarter. Williams Financial LLC now owns 7,098,032 shares of the company’s stock valued at $1,414,894,000 after purchasing an additional 6,984,885 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Russell Top 200 Growth ETF by 14.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 5,759,140 shares of the company’s stock worth $1,123,608,000 after buying an additional 731,194 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares Russell Top 200 Growth ETF by 454.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,146,237 shares of the company’s stock valued at $376,064,000 after acquiring an additional 1,759,232 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares Russell Top 200 Growth ETF by 2.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,732,610 shares of the company’s stock worth $338,032,000 after acquiring an additional 47,146 shares during the period. Finally, Truist Financial Corp raised its position in shares of iShares Russell Top 200 Growth ETF by 9.2% in the 4th quarter. Truist Financial Corp now owns 655,583 shares of the company’s stock worth $114,871,000 after acquiring an additional 55,019 shares in the last quarter.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY traded down $2.09 on Monday, reaching $213.68. The stock had a trading volume of 126,393 shares, compared to its average volume of 485,854. iShares Russell Top 200 Growth ETF has a 12-month low of $148.45 and a 12-month high of $226.11. The firm has a market capitalization of $10.62 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24. The company has a 50-day simple moving average of $212.91 and a 200-day simple moving average of $201.29.

iShares Russell Top 200 Growth ETF 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.