iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Reaches New 12-Month High – Should You Buy?

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

iShares Russell Top 200 Growth ETF Stock Up 0.6 %

The stock has a market capitalization of $11.67 billion, a P/E ratio of 38.86 and a beta of 1.24. The company has a fifty day simple moving average of $224.89 and a two-hundred day simple moving average of $215.90.

Institutional Trading of iShares Russell Top 200 Growth ETF

Several hedge funds have recently bought and sold shares of IWY. Franklin Resources Inc. lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 17.8% in the third quarter. Franklin Resources Inc. now owns 317 shares of the company’s stock valued at $71,000 after purchasing an additional 48 shares in the last quarter. Mezzasalma Advisors LLC lifted its stake in iShares Russell Top 200 Growth ETF by 0.3% in the 3rd quarter. Mezzasalma Advisors LLC now owns 19,603 shares of the company’s stock valued at $4,314,000 after acquiring an additional 53 shares in the last quarter. Round Rock Advisors LLC grew its stake in shares of iShares Russell Top 200 Growth ETF by 1.5% during the 3rd quarter. Round Rock Advisors LLC now owns 3,957 shares of the company’s stock worth $871,000 after acquiring an additional 60 shares in the last quarter. Retireful LLC raised its holdings in shares of iShares Russell Top 200 Growth ETF by 3.0% in the third quarter. Retireful LLC now owns 2,169 shares of the company’s stock valued at $477,000 after purchasing an additional 63 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in shares of iShares Russell Top 200 Growth ETF by 1.3% in the third quarter. J.W. Cole Advisors Inc. now owns 5,088 shares of the company’s stock worth $1,120,000 after purchasing an additional 65 shares in the last quarter.

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.