iShares Russell 3000 ETF (NYSEARCA:IWV) Hits New 12-Month High – Here’s Why

by · The Cerbat Gem

Shares of iShares Russell 3000 ETF (NYSEARCA:IWV – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $391.66 and last traded at $390.75, with a volume of 116807 shares trading hands. The stock had previously closed at $387.85.

iShares Russell 3000 ETF Stock Up 0.8%

The company has a market cap of $17.55 billion, a PE ratio of 25.11 and a beta of 1.02. The firm has a 50 day simple moving average of $382.45 and a 200-day simple moving average of $366.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. boosted its holdings in iShares Russell 3000 ETF by 5.4% in the first quarter. Citigroup Inc. now owns 36,708 shares of the company’s stock worth $11,660,000 after acquiring an additional 1,891 shares in the last quarter. Trajan Wealth LLC boosted its stake in iShares Russell 3000 ETF by 0.5% in the 1st quarter. Trajan Wealth LLC now owns 70,947 shares of the company’s stock worth $22,536,000 after purchasing an additional 349 shares in the last quarter. Rossmore Private Capital boosted its stake in iShares Russell 3000 ETF by 1.6% in the 1st quarter. Rossmore Private Capital now owns 5,557 shares of the company’s stock worth $1,765,000 after purchasing an additional 90 shares in the last quarter. Tlwm grew its position in iShares Russell 3000 ETF by 0.4% during the 1st quarter. Tlwm now owns 295,435 shares of the company’s stock worth $93,842,000 after purchasing an additional 1,051 shares during the last quarter. Finally, Brooklyn FI LLC increased its stake in iShares Russell 3000 ETF by 5.0% during the 1st quarter. Brooklyn FI LLC now owns 75,995 shares of the company’s stock valued at $24,349,000 after purchasing an additional 3,590 shares in the last quarter.

iShares Russell 3000 ETF Company Profile

(Get Free Report)

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).

See Also