iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Hits New 52-Week High – Here’s Why

iShares Russell 1000 Growth ETF (NYSEARCA:IWF) hit a new 52-week high on Monday . The company traded as high as $417.30 and last traded at $416.86, with a volume of 341174 shares traded. The stock had previously closed at $414.04.

iShares Russell 1000 Growth ETF Trading Down 3.4 %

The business’s fifty day moving average is $393.34 and its two-hundred day moving average is $373.52. The company has a market capitalization of $106.60 billion, a PE ratio of 35.64 and a beta of 1.20.

Hedge Funds Weigh In On iShares Russell 1000 Growth ETF

A number of hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC grew its holdings 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 acquiring an additional 3,596,090 shares during the period. American Century Companies Inc. boosted its position in iShares Russell 1000 Growth ETF by 3,987.1% in the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock worth $558,032,000 after purchasing an additional 1,493,452 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of iShares Russell 1000 Growth ETF by 5,975.8% during the 3rd quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock valued at $203,076,000 after purchasing an additional 532,085 shares during the period. Strategic Financial Concepts LLC increased its position in shares of iShares Russell 1000 Growth ETF by 28,897.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after purchasing an additional 455,711 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in shares of iShares Russell 1000 Growth ETF by 23.8% in the 3rd quarter. Signaturefd LLC now owns 2,060,518 shares of the exchange traded fund’s stock worth $773,477,000 after purchasing an additional 396,408 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.