iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sets New 1-Year High – Still a Buy?

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

iShares Russell Top 200 Growth ETF Trading 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 firm has a market cap of $11.32 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

Several institutional investors have recently added to or reduced their stakes in the business. Rosenberg Matthew Hamilton acquired a new position in shares of iShares Russell Top 200 Growth ETF during the third quarter valued at about $36,000. New Millennium Group LLC acquired a new position in iShares Russell Top 200 Growth ETF during the 2nd quarter worth approximately $39,000. Spectrum Wealth Counsel LLC bought a new position in iShares Russell Top 200 Growth ETF in the second quarter worth approximately $39,000. VitalStone Financial LLC grew its stake in 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 during the period. Finally, BOKF NA bought a new stake in shares of iShares Russell Top 200 Growth ETF during the second quarter valued at 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.