iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Sets New 52-Week High – Time to Buy?

iShares Russell 1000 Growth ETF (NYSEARCA:IWF)’s stock price reached a new 52-week high during trading on Tuesday. The stock traded as high as $129.28 and last traded at $129.5570, with a volume of 227918 shares traded. The stock had previously closed at $128.35.

iShares Russell 1000 Growth ETF Trading Down 0.3%

The business has a 50-day moving average of $123.61 and a 200 day moving average of $120.79. The firm has a market capitalization of $131.19 billion, a PE ratio of 33.43 and a beta of 1.16.

Institutional Trading of iShares Russell 1000 Growth ETF

Hedge funds have recently bought and sold shares of the business. Steph & Co. bought a new stake in iShares Russell 1000 Growth ETF in the third quarter worth about $1,456,000. Retirement Wealth Solutions LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 30.4% in the third quarter. Retirement Wealth Solutions LLC now owns 3,629 shares of the exchange traded fund’s stock worth $455,000 after purchasing an additional 845 shares in the last quarter. Cooper Financial Group raised its position in shares of iShares Russell 1000 Growth ETF by 0.7% in the third quarter. Cooper Financial Group now owns 17,166 shares of the exchange traded fund’s stock valued at $2,150,000 after purchasing an additional 115 shares during the period. Exchange Bank purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at approximately $216,000. Finally, Baring Financial LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 2.0% during the 3rd quarter. Baring Financial LLC now owns 6,522 shares of the exchange traded fund’s stock valued at $817,000 after buying an additional 128 shares in the last quarter. 75.33% of the stock is currently owned by institutional investors.

iShares Russell 1000 Growth ETF Company Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.