Oliver Lagore Vanvalin Investment Group Trims Stock Position in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Oliver Lagore Vanvalin Investment Group lessened its holdings in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 51.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,650 shares of the company’s stock after selling 3,839 shares during the period. Oliver Lagore Vanvalin Investment Group’s holdings in iShares Russell Top 200 Growth ETF were worth $640,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citigroup Inc. grew its position in shares of iShares Russell Top 200 Growth ETF by 164.1% in the 2nd quarter. Citigroup Inc. now owns 169 shares of the company’s stock worth $27,000 after buying an additional 105 shares during the period. Tennessee Valley Asset Management Partners purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the 4th quarter worth about $36,000. Financial Freedom LLC purchased a new stake in iShares Russell Top 200 Growth ETF during the 4th quarter valued at about $29,000. Baker Avenue Asset Management LP purchased a new stake in iShares Russell Top 200 Growth ETF during the 3rd quarter valued at about $58,000. Finally, Authentikos Wealth Advisory LLC purchased a new stake in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter valued at about $61,000.

iShares Russell Top 200 Growth ETF Stock Down 0.4 %

Shares of NYSEARCA IWY traded down $0.83 during trading on Thursday, reaching $187.50. 168,521 shares of the company traded hands, compared to its average volume of 555,918. The firm has a 50 day simple moving average of $192.45 and a 200-day simple moving average of $177.15. The stock has a market capitalization of $9.15 billion, a PE ratio of 38.53 and a beta of 1.21. iShares Russell Top 200 Growth ETF has a 52-week low of $136.24 and a 52-week high of $197.90.

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.