iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Sets New 52-Week High – Time to Buy?

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $125.73 and last traded at $125.73, with a volume of 5200 shares trading hands. The stock had previously closed at $122.12.

iShares Russell Mid-Cap Growth ETF Price Performance

The company has a 50 day moving average price of $117.97 and a 200 day moving average price of $112.97. The firm has a market cap of $16.87 billion, a PE ratio of 29.60 and a beta of 1.15.

Hedge Funds Weigh In On iShares Russell Mid-Cap Growth ETF

A number of large investors have recently bought and sold shares of IWP. Pinnacle Bancorp Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 13.2% during the third quarter. Pinnacle Bancorp Inc. now owns 773 shares of the company’s stock worth $91,000 after purchasing an additional 90 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 3.9% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 2,479 shares of the company’s stock worth $292,000 after buying an additional 92 shares in the last quarter. Willner & Heller LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.9% in the 2nd quarter. Willner & Heller LLC now owns 10,888 shares of the company’s stock valued at $1,201,000 after buying an additional 94 shares during the period. Biltmore Family Office LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 9.6% in the first quarter. Biltmore Family Office LLC now owns 1,096 shares of the company’s stock valued at $125,000 after buying an additional 96 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 30.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock worth $46,000 after acquiring an additional 97 shares during the period.

iShares Russell Mid-Cap Growth ETF Company Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).