iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Reaches New 1-Year High – Should You Buy?

iShares Russell 2000 Growth ETF (NYSEARCA:IWO) hit a new 52-week high on Wednesday . The company traded as high as $305.58 and last traded at $304.51, with a volume of 160456 shares changing hands. The stock had previously closed at $290.33.

iShares Russell 2000 Growth ETF Stock Performance

The company has a market cap of $12.76 billion, a P/E ratio of 16.25 and a beta of 1.31. The stock has a 50-day moving average of $280.91 and a two-hundred day moving average of $271.05.

Institutional Trading of iShares Russell 2000 Growth ETF

Hedge funds have recently added to or reduced their stakes in the business. Private Advisor Group LLC raised its holdings in iShares Russell 2000 Growth ETF by 3.7% during the 1st quarter. Private Advisor Group LLC now owns 9,136 shares of the exchange traded fund’s stock valued at $2,474,000 after buying an additional 330 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of iShares Russell 2000 Growth ETF by 10.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,619 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 153 shares during the last quarter. Mutual of America Capital Management LLC bought a new position in iShares Russell 2000 Growth ETF in the 1st quarter valued at approximately $4,830,000. Csenge Advisory Group boosted its position in shares of iShares Russell 2000 Growth ETF by 63.1% during the first quarter. Csenge Advisory Group now owns 1,918 shares of the exchange traded fund’s stock valued at $519,000 after buying an additional 742 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of iShares Russell 2000 Growth ETF by 2.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,771 shares of the exchange traded fund’s stock valued at $2,104,000 after acquiring an additional 191 shares during the last quarter.

About iShares Russell 2000 Growth ETF

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.