iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Sets New 1-Year High – Time to Buy?

iShares Russell 1000 Growth ETF (NYSEARCA:IWF)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $386.45 and last traded at $385.46, with a volume of 20035 shares trading hands. The stock had previously closed at $382.77.

iShares Russell 1000 Growth ETF Price Performance

The business’s 50-day simple moving average is $370.95 and its two-hundred day simple moving average is $357.73. The stock has a market cap of $102.34 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20.

Institutional Investors Weigh In On iShares Russell 1000 Growth ETF

Hedge funds have recently modified their holdings of the company. ORG Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the third quarter worth $31,000. Nvwm LLC raised its position in iShares Russell 1000 Growth ETF by 44.9% during the 1st quarter. Nvwm LLC now owns 100 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 31 shares during the last quarter. Nemes Rush Group LLC lifted its holdings in iShares Russell 1000 Growth ETF by 188.2% during the 2nd quarter. Nemes Rush Group LLC now owns 98 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 64 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at about $40,000. Finally, HHM Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 46.8% in the second quarter. HHM Wealth Advisors LLC now owns 113 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 36 shares during the period.

About iShares Russell 1000 Growth ETF

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.