iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Reaches New 52-Week High – What’s Next?

iShares Russell 1000 Growth ETF (NYSEARCA:IWF)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $417.30 and last traded at $416.86, with a volume of 341174 shares traded. The stock had previously closed at $414.04.

iShares Russell 1000 Growth ETF Stock Performance

The firm has a market capitalization of $110.83 billion, a PE ratio of 35.64 and a beta of 1.20. The stock’s 50-day simple moving average is $391.56 and its 200-day simple moving average is $372.45.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Truvestments Capital LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the third quarter valued at $27,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $31,000. Nemes Rush Group LLC boosted its holdings in shares of 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 valued at $36,000 after acquiring an additional 64 shares during the last quarter. HHM Wealth Advisors LLC grew 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 worth $41,000 after acquiring an additional 36 shares during the period. Finally, Mascoma Wealth Management LLC lifted its position in iShares Russell 1000 Growth ETF by 104.8% during the second quarter. Mascoma Wealth Management LLC now owns 129 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 66 shares during the period.

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.