iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Unusually-High Trading Volume – Should You Buy?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWYGet Free Report) shares saw strong trading volume on Friday . 136,460 shares traded hands during trading, a decline of 49% from the previous session’s volume of 265,784 shares.The stock last traded at $237.16 and had previously closed at $234.25.

iShares Russell Top 200 Growth ETF Stock Performance

The company has a 50-day simple moving average of $233.36 and a 200-day simple moving average of $221.26. The stock has a market cap of $11.83 billion, a P/E ratio of 38.86 and a beta of 1.24.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

Institutional investors have recently modified their holdings of the stock. FMR LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 5.3% during the third quarter. FMR LLC now owns 20,663 shares of the company’s stock worth $4,547,000 after acquiring an additional 1,042 shares during the last quarter. Franklin Resources Inc. increased its position in iShares Russell Top 200 Growth ETF by 17.8% in the third quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock worth $71,000 after purchasing an additional 48 shares during the period. Apollon Wealth Management LLC raised its holdings in iShares Russell Top 200 Growth ETF by 23.9% during the 3rd quarter. Apollon Wealth Management LLC now owns 3,056 shares of the company’s stock worth $672,000 after purchasing an additional 590 shares during the last quarter. Bond & Devick Financial Network Inc. acquired a new position in iShares Russell Top 200 Growth ETF during the 3rd quarter valued at about $3,395,000. Finally, Mattson Financial Services LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter valued at about $55,000.

About iShares Russell Top 200 Growth ETF

(Get Free Report)

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.

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