iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sets New 1-Year High – Here’s Why

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $233.55 and last traded at $233.38, with a volume of 60446 shares traded. The stock had previously closed at $231.19.

iShares Russell Top 200 Growth ETF Price Performance

The firm has a market capitalization of $11.59 billion, a PE ratio of 38.86 and a beta of 1.24. The firm has a 50-day simple moving average of $224.30 and a 200-day simple moving average of $215.41.

Institutional Inflows and Outflows

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