iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Reaches New 12-Month High – Here’s Why

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) shares hit a new 52-week high on Tuesday . The stock traded as high as $413.16 and last traded at $413.01, with a volume of 146396 shares trading hands. The stock had previously closed at $410.09.

iShares Russell 1000 Growth ETF Trading Up 0.0 %

The firm has a market capitalization of $108.51 billion, a price-to-earnings ratio of 35.64 and a beta of 1.20. The firm has a 50 day moving average price of $388.24 and a two-hundred day moving average price of $370.57.

Institutional Investors Weigh In On iShares Russell 1000 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the third quarter worth $27,000. ORG Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 Growth ETF in the 3rd quarter worth about $31,000. Nemes Rush Group LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 188.2% during the second 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. HHM Wealth Advisors LLC grew its stake in 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 purchasing an additional 36 shares in the last quarter. Finally, Mascoma Wealth Management LLC increased its holdings in iShares Russell 1000 Growth ETF by 104.8% in the second quarter. Mascoma Wealth Management LLC now owns 129 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 66 shares during the last quarter.

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.