iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Sets New 1-Year High – Time to Buy?

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $124.35 and last traded at $124.31, with a volume of 3734295 shares. The stock had previously closed at $123.35.

iShares Russell 1000 Growth ETF Trading Up 1.0%

The stock has a market capitalization of $130.09 billion, a PE ratio of 33.43 and a beta of 1.16. The firm’s fifty day moving average is $113.45 and its 200-day moving average is $116.02.

Institutional Trading of iShares Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of IWF. Revolve Wealth Partners LLC raised its holdings in iShares Russell 1000 Growth ETF by 2.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after buying an additional 153 shares during the period. Bison Wealth LLC grew its position in iShares Russell 1000 Growth ETF by 20.5% in the 4th quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock valued at $9,195,000 after acquiring an additional 3,888 shares in the last quarter. Schnieders Capital Management LLC. grew its position in iShares Russell 1000 Growth ETF by 24.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock valued at $1,806,000 after acquiring an additional 849 shares in the last quarter. Russell Investments Group Ltd. grew its position in iShares Russell 1000 Growth ETF by 55.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after acquiring an additional 1,205 shares in the last quarter. Finally, First Trust Advisors LP grew its position in iShares Russell 1000 Growth ETF by 70.3% in the 2nd quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 809 shares in the last quarter. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

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. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.