iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Hits New 1-Year High – What’s Next?

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $239.99 and last traded at $239.99, with a volume of 479 shares traded. The stock had previously closed at $239.84.

iShares Russell Top 200 Growth ETF Stock Performance

The business has a fifty day simple moving average of $226.41 and a 200-day simple moving average of $216.96. The firm has a market cap of $11.84 billion, a price-to-earnings ratio of 38.86 and a beta of 1.24.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

A number of institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. grew its position in shares of iShares Russell Top 200 Growth ETF by 17.8% in the 3rd quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after buying an additional 48 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of iShares Russell Top 200 Growth ETF by 16.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 16,335 shares of the company’s stock valued at $3,733,000 after buying an additional 2,308 shares during the last quarter. Passumpsic Savings Bank grew its position in shares of iShares Russell Top 200 Growth ETF by 5.4% in the 3rd quarter. Passumpsic Savings Bank now owns 16,055 shares of the company’s stock valued at $3,533,000 after buying an additional 820 shares during the last quarter. McIlrath & Eck LLC grew its position in shares of iShares Russell Top 200 Growth ETF by 2.8% in the 3rd quarter. McIlrath & Eck LLC now owns 25,276 shares of the company’s stock valued at $5,562,000 after buying an additional 677 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $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.