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

iShares Russell 1000 Growth ETF (NYSEARCA:IWF)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $385.58 and last traded at $385.55, with a volume of 477970 shares. The stock had previously closed at $384.18.

iShares Russell 1000 Growth ETF Trading Up 0.6 %

The firm has a market cap of $100.77 billion, a PE ratio of 35.64 and a beta of 1.20. The business has a fifty day moving average price of $369.52 and a 200 day moving average price of $356.20.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. ORG Wealth Partners LLC acquired a new position in shares of iShares Russell 1000 Growth ETF in the 3rd quarter valued at $31,000. Nvwm LLC grew 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 grew its position 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 purchasing an additional 64 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 Growth ETF in the second quarter valued at $40,000. Finally, HHM Wealth Advisors LLC raised its holdings 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 last quarter.

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.