iShares Russell 3000 ETF (NYSEARCA:IWV) Reaches New 1-Year High – Here’s What Happened

iShares Russell 3000 ETF (NYSEARCA:IWV) reached a new 52-week high during trading on Monday . The stock traded as high as $368.05 and last traded at $366.71, with a volume of 107640 shares changing hands. The stock had previously closed at $361.08.

iShares Russell 3000 ETF Stock Performance

The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The company’s fifty day moving average price is $355.52 and its 200 day moving average price is $335.42.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Gallagher Fiduciary Advisors LLC boosted its position in iShares Russell 3000 ETF by 31,808.4% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock worth $346,859,000 after acquiring an additional 985,106 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of iShares Russell 3000 ETF by 77,183.5% during the fourth quarter. BNP Paribas Financial Markets now owns 393,373 shares of the company’s stock valued at $131,485,000 after purchasing an additional 392,864 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Russell 3000 ETF by 46.1% during the first quarter. Goldman Sachs Group Inc. now owns 918,200 shares of the company’s stock valued at $291,657,000 after purchasing an additional 289,579 shares during the last quarter. Lido Advisors LLC lifted its holdings in shares of iShares Russell 3000 ETF by 691.5% during the fourth quarter. Lido Advisors LLC now owns 266,950 shares of the company’s stock valued at $89,228,000 after purchasing an additional 233,222 shares during the last quarter. Finally, SCS Capital Management LLC lifted its holdings in shares of iShares Russell 3000 ETF by 9.0% during the first quarter. SCS Capital Management LLC now owns 1,902,762 shares of the company’s stock valued at $604,393,000 after purchasing an additional 157,444 shares during the last quarter.

About iShares Russell 3000 ETF

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).