iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Sets New 52-Week High – Time to Buy?

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $125.73 and last traded at $125.73, with a volume of 5200 shares trading hands. The stock had previously closed at $122.12.

iShares Russell Mid-Cap Growth ETF Stock Performance

The firm has a 50 day simple moving average of $117.06 and a two-hundred day simple moving average of $112.60. The firm has a market capitalization of $16.36 billion, a P/E ratio of 29.60 and a beta of 1.15.

Hedge Funds Weigh In On iShares Russell Mid-Cap Growth ETF

Several large investors have recently bought and sold shares of IWP. Signaturefd LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.4% during the 1st quarter. Signaturefd LLC now owns 8,556 shares of the company’s stock valued at $977,000 after acquiring an additional 117 shares in the last quarter. Csenge Advisory Group raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 29.2% during the 1st quarter. Csenge Advisory Group now owns 3,365 shares of the company’s stock worth $384,000 after purchasing an additional 761 shares during the period. Advisory Alpha LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 5.6% in the 1st quarter. Advisory Alpha LLC now owns 2,338 shares of the company’s stock valued at $267,000 after acquiring an additional 124 shares during the period. Oxbow Advisors LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 13.9% in the 1st quarter. Oxbow Advisors LLC now owns 3,280 shares of the company’s stock valued at $374,000 after acquiring an additional 400 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 20.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,510,631 shares of the company’s stock valued at $172,423,000 after acquiring an additional 255,690 shares during the period.

iShares Russell Mid-Cap Growth ETF Company Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).