iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Hits New 12-Month High – Here’s Why

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) shares reached a new 52-week high on Wednesday . The stock traded as high as $227.36 and last traded at $226.27, with a volume of 100278 shares. The stock had previously closed at $222.44.

iShares Russell Top 200 Growth ETF Stock Up 2.4 %

The business’s 50 day simple moving average is $218.15 and its two-hundred day simple moving average is $210.76. The stock has a market capitalization of $11.32 billion, a P/E ratio of 38.86 and a beta of 1.24.

Institutional Trading of iShares Russell Top 200 Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Rosenberg Matthew Hamilton bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter worth $36,000. New Millennium Group LLC purchased a new position in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter worth approximately $39,000. Spectrum Wealth Counsel LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the second quarter valued at approximately $39,000. VitalStone Financial LLC grew its holdings in shares of iShares Russell Top 200 Growth ETF by 78.3% in the third quarter. VitalStone Financial LLC now owns 189 shares of the company’s stock valued at $42,000 after acquiring an additional 83 shares in the last quarter. Finally, BOKF NA bought a new stake in iShares Russell Top 200 Growth ETF during the second quarter worth $46,000.

About iShares Russell Top 200 Growth ETF

iShares Russell Top 200 Growth ETF (the Fund), formerly iShares Russell Top 200 Growth Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index (the Growth Index). The Growth Index is a style factor weighted index that measures the performance of the largest capitalization growth sector of the United States equity market.