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

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

iShares Russell 1000 Growth ETF Stock Up 0.1 %

The company’s 50-day moving average is $368.46 and its two-hundred day moving average is $355.69. The company has a market capitalization of $101.72 billion, a P/E ratio of 35.64 and a beta of 1.20.

Hedge Funds Weigh In On iShares Russell 1000 Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AAF Wealth Management LLC grew its position in iShares Russell 1000 Growth ETF by 0.9% in the second quarter. AAF Wealth Management LLC now owns 3,055 shares of the exchange traded fund’s stock worth $1,113,000 after acquiring an additional 28 shares in the last quarter. Nvwm LLC increased its position in shares of 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 valued at $34,000 after purchasing an additional 31 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in shares of iShares Russell 1000 Growth ETF by 1.0% during the 2nd quarter. Atomi Financial Group Inc. now owns 3,084 shares of the exchange traded fund’s stock valued at $1,124,000 after buying an additional 31 shares in the last quarter. Mayfair Advisory Group LLC lifted its position in iShares Russell 1000 Growth ETF by 5.2% in the 2nd quarter. Mayfair Advisory Group LLC now owns 643 shares of the exchange traded fund’s stock worth $242,000 after buying an additional 32 shares during the last quarter. Finally, MTM Investment Management LLC boosted its stake in iShares Russell 1000 Growth ETF by 0.3% in the second quarter. MTM Investment Management LLC now owns 12,198 shares of the exchange traded fund’s stock worth $4,446,000 after buying an additional 32 shares in 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.