iShares Russell 2000 Growth ETF (NYSEARCA:IWO) Sets New 12-Month High – What’s Next?

iShares Russell 2000 Growth ETF (NYSEARCA:IWO)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $384.63 and last traded at $382.91, with a volume of 78104 shares traded. The stock had previously closed at $377.91.

iShares Russell 2000 Growth ETF Stock Up 1.2%

The firm has a market cap of $14.79 billion, a PE ratio of 21.86 and a beta of 1.19. The company’s fifty day moving average price is $358.76 and its two-hundred day moving average price is $341.09.

Hedge Funds Weigh In On iShares Russell 2000 Growth ETF

A number of institutional investors have recently modified their holdings of IWO. Strive Financial Group LLC purchased a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at approximately $26,000. Modus Advisors LLC purchased a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at approximately $26,000. Johnson Financial Group Inc. grew its holdings in iShares Russell 2000 Growth ETF by 500.0% in the fourth quarter. Johnson Financial Group Inc. now owns 90 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 75 shares during the period. TD Capital Management LLC purchased a new stake in iShares Russell 2000 Growth ETF in the fourth quarter valued at approximately $30,000. Finally, Caitlin John LLC purchased a new stake in iShares Russell 2000 Growth ETF in the third quarter valued at approximately $31,000. 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.