iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) is Envestnet Portfolio Solutions Inc.’s 3rd Largest Position

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 14.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,759,140 shares of the company’s stock after acquiring an additional 731,194 shares during the quarter. iShares Russell Top 200 Growth ETF accounts for about 4.2% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 3rd largest position. Envestnet Portfolio Solutions Inc. owned about 11.77% of iShares Russell Top 200 Growth ETF worth $1,123,608,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IWY. Envestnet Asset Management Inc. grew its holdings in iShares Russell Top 200 Growth ETF by 454.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,146,237 shares of the company’s stock valued at $376,064,000 after purchasing an additional 1,759,232 shares during the period. First Citizens Bank & Trust Co. grew its holdings in iShares Russell Top 200 Growth ETF by 6.4% during the fourth quarter. First Citizens Bank & Trust Co. now owns 4,744,396 shares of the company’s stock valued at $831,313,000 after purchasing an additional 283,740 shares during the period. Cliftonlarsonallen Wealth Advisors LLC bought a new position in iShares Russell Top 200 Growth ETF during the first quarter valued at $53,960,000. Commonwealth Equity Services LLC grew its holdings in iShares Russell Top 200 Growth ETF by 9.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,685,464 shares of the company’s stock valued at $295,327,000 after purchasing an additional 151,414 shares during the period. Finally, SVB Wealth LLC grew its holdings in iShares Russell Top 200 Growth ETF by 2,410.9% during the fourth quarter. SVB Wealth LLC now owns 142,320 shares of the company’s stock valued at $24,937,000 after purchasing an additional 136,652 shares during the period.

iShares Russell Top 200 Growth ETF Stock Performance

NYSEARCA IWY traded up $1.13 on Friday, hitting $221.57. 242,754 shares of the stock traded hands, compared to its average volume of 485,529. The business’s fifty day moving average is $207.88 and its two-hundred day moving average is $194.32. 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 $11.01 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24.

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.