iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Sets New 52-Week High – What’s Next?

iShares Russell 2000 Growth ETF (NYSEARCA:IWO) reached a new 52-week high on Monday . The stock traded as high as $363.59 and last traded at $363.59, with a volume of 20194 shares. The stock had previously closed at $362.46.

iShares Russell 2000 Growth ETF Trading Up 1.9%

The firm has a market capitalization of $14.25 billion, a price-to-earnings ratio of 21.86 and a beta of 1.19. The firm has a fifty day moving average price of $332.42 and a 200 day moving average price of $331.61.

Hedge Funds Weigh In On iShares Russell 2000 Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IWO. Strive Financial Group LLC acquired a new stake in shares of iShares Russell 2000 Growth ETF in the fourth quarter valued at $26,000. Modus Advisors LLC bought a new stake in iShares Russell 2000 Growth ETF during the 4th quarter worth about $26,000. Cloud Capital Management LLC bought a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter worth about $26,000. Johnson Financial Group Inc. increased its position in iShares Russell 2000 Growth ETF by 500.0% in the 4th quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 75 shares in the last quarter. Finally, TD Capital Management LLC acquired a new stake in iShares Russell 2000 Growth ETF in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Company Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.