iShares Russell 3000 ETF (NYSEARCA:IWV) Reaches New 52-Week High – Here’s Why

iShares Russell 3000 ETF (NYSEARCA:IWV)’s stock price reached a new 52-week high on Friday . The company traded as high as $424.41 and last traded at $423.98, with a volume of 87490 shares changing hands. The stock had previously closed at $420.65.

iShares Russell 3000 ETF Stock Performance

The business’s 50-day moving average is $393.84 and its two-hundred day moving average is $390.30. The stock has a market capitalization of $19.61 billion, a PE ratio of 25.11 and a beta of 1.01.

Institutional Investors Weigh In On iShares Russell 3000 ETF

Several institutional investors have recently made changes to their positions in the stock. First National Trust Co increased its position in iShares Russell 3000 ETF by 4.2% during the 3rd quarter. First National Trust Co now owns 38,430 shares of the company’s stock worth $14,563,000 after purchasing an additional 1,557 shares in the last quarter. Apella Capital LLC boosted its position in shares of iShares Russell 3000 ETF by 328.6% in the 4th quarter. Apella Capital LLC now owns 26,542 shares of the company’s stock valued at $10,268,000 after purchasing an additional 20,350 shares during the period. Tudor Investment Corp ET AL boosted its position in iShares Russell 3000 ETF by 340.3% during the 3rd quarter. Tudor Investment Corp ET AL now owns 2,646 shares of the company’s stock worth $1,003,000 after acquiring an additional 2,045 shares during the period. Annex Advisory Services LLC acquired a new stake in iShares Russell 3000 ETF during the 4th quarter worth about $780,000. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in iShares Russell 3000 ETF during the 4th quarter worth about $2,001,000.

iShares Russell 3000 ETF Company Profile

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the 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 United States equity market, as represented by the Russell 3000 Index (the Index). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.