iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Hits New 1-Year High – What’s Next?

Posted by Stephan Jacobs on Nov 27th, 2024

iShares Russell 2000 Growth ETF (NYSEARCA:IWO – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $315.47 and last traded at $314.87, with a volume of 13119 shares traded. The stock had previously closed at $310.24.

iShares Russell 2000 Growth ETF Stock Performance

The firm’s 50 day moving average is $290.55 and its 200 day moving average is $276.34. The stock has a market cap of $13.04 billion, a P/E ratio of 16.25 and a beta of 1.31.

Institutional Trading of iShares Russell 2000 Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IWO. HighMark Wealth Management LLC acquired a new position in iShares Russell 2000 Growth ETF during the 2nd quarter valued at about $26,000. PSI Advisors LLC purchased a new stake in shares of iShares Russell 2000 Growth ETF during the third quarter worth about $28,000. Riverview Trust Co purchased a new position in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at approximately $28,000. GPS Wealth Strategies Group LLC boosted its stake in iShares Russell 2000 Growth ETF by 290.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 117 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 87 shares in the last quarter. Finally, Beacon Capital Management LLC grew its position in iShares Russell 2000 Growth ETF by 424.0% during the 1st quarter. Beacon Capital Management LLC now owns 131 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 106 shares during the last quarter.

About iShares Russell 2000 Growth ETF

(Get Free Report)

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.