iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Hits New 52-Week High – Time to Buy?

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $388.11 and last traded at $388.11, with a volume of 30918 shares. The stock had previously closed at $380.80.

iShares Russell 1000 Growth ETF Trading Up 2.6 %

The firm has a market cap of $103.34 billion, a P/E ratio of 35.64 and a beta of 1.20. The business’s fifty day moving average price is $372.12 and its two-hundred day moving average price is $359.67.

Hedge Funds Weigh In On iShares Russell 1000 Growth ETF

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in iShares Russell 1000 Growth ETF by 0.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,847,670 shares of the exchange traded fund’s stock worth $2,645,057,000 after acquiring an additional 66,923 shares during the period. International Assets Investment Management LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 39,461.1% in the third quarter. International Assets Investment Management LLC now owns 3,605,203 shares of the exchange traded fund’s stock worth $1,353,321,000 after purchasing an additional 3,596,090 shares during the period. LPL Financial LLC increased its stake in shares of iShares Russell 1000 Growth ETF by 2.1% in the second quarter. LPL Financial LLC now owns 2,924,993 shares of the exchange traded fund’s stock worth $1,066,189,000 after purchasing an additional 60,668 shares during the period. Raymond James & Associates lifted its position in shares of iShares Russell 1000 Growth ETF by 0.5% during the 3rd quarter. Raymond James & Associates now owns 2,625,912 shares of the exchange traded fund’s stock worth $985,715,000 after purchasing an additional 12,388 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in iShares Russell 1000 Growth ETF by 4.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,216,427 shares of the exchange traded fund’s stock valued at $807,910,000 after purchasing an additional 84,663 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.