IWY Stock Summary and Trading Ideas (iShares Russell Top 200 Growth ETF | ARCA:IWY)

The iShares Russell Top 200 Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Russell Top 200® Growth Index.

iShares Russell Top 200 Growth ETF trades on the ARCA stock market under the symbol IWY.

As of April 19, 2024, IWY stock price declined to $183.56 with 359,792 million shares trading.

IWY has a beta of 1.13, meaning it tends to be more sensitive to market movements. IWY has a correlation of 0.83 to the broad based SPY ETF.

IWY has a market cap of $8.98 billion. This is considered a Mid Cap stock.

In the last 3 years, IWY stock traded as high as $197.90 and as low as $114.66.

IWY has outperformed the market in the last year with a return of +32.5%, while the SPY ETF gained +21.2%. However, in the most recent history, IWY shares have underperformed the stock market with its stock returning +2.9% in the last 3 month period and -4.1% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

IWY support price is $185.61 and resistance is $189.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWY stock will trade within this expected range on the day.