iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Hits New 1-Year High – Time to Buy?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $239.99 and last traded at $239.99, with a volume of 479 shares trading hands. The stock had previously closed at $239.84.

iShares Russell Top 200 Growth ETF Stock Up 0.1 %

The company has a market capitalization of $11.93 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24. The company has a 50-day moving average price of $226.04 and a 200-day moving average price of $216.69.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IWY. Franklin Resources Inc. raised its position in shares of iShares Russell Top 200 Growth ETF by 17.8% during the 3rd quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after acquiring an additional 48 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 16.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 16,335 shares of the company’s stock valued at $3,733,000 after acquiring an additional 2,308 shares during the last quarter. Passumpsic Savings Bank raised its position in shares of iShares Russell Top 200 Growth ETF by 5.4% during the 3rd quarter. Passumpsic Savings Bank now owns 16,055 shares of the company’s stock valued at $3,533,000 after acquiring an additional 820 shares during the last quarter. McIlrath & Eck LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 2.8% during the 3rd quarter. McIlrath & Eck LLC now owns 25,276 shares of the company’s stock valued at $5,562,000 after acquiring an additional 677 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of iShares Russell Top 200 Growth ETF during the 3rd quarter valued at $46,000.

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.