Merit Financial Group LLC Buys 76,429 Shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)

Merit Financial Group LLC boosted its stake in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 2,301.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 79,750 shares of the company’s stock after buying an additional 76,429 shares during the quarter. Merit Financial Group LLC owned approximately 0.16% of iShares Russell Top 200 Growth ETF worth $18,763,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Decker Retirement Planning Inc. acquired a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter worth approximately $1,083,000. Certified Advisory Corp raised its holdings in iShares Russell Top 200 Growth ETF by 2.7% during the 4th quarter. Certified Advisory Corp now owns 52,007 shares of the company’s stock worth $12,236,000 after purchasing an additional 1,349 shares during the last quarter. Capital Advisors Wealth Management LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF in the 4th quarter worth approximately $213,000. Tallon Kerry Patrick bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 4th quarter valued at $1,881,000. Finally, Apella Capital LLC acquired a new stake in shares of iShares Russell Top 200 Growth ETF during the fourth quarter worth $283,000.

iShares Russell Top 200 Growth ETF Stock Up 1.3 %

Shares of NYSEARCA IWY opened at $237.13 on Friday. The company has a market capitalization of $11.79 billion, a PE ratio of 38.86 and a beta of 1.24. iShares Russell Top 200 Growth ETF has a twelve month low of $176.93 and a twelve month high of $245.04. The firm has a fifty day simple moving average of $235.43 and a 200 day simple moving average of $222.66.

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.