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

iShares Russell 3000 ETF (NYSEARCA:IWV) reached a new 52-week high during trading on Tuesday . The stock traded as high as $419.96 and last traded at $419.06, with a volume of 122712 shares changing hands. The stock had previously closed at $418.32.

iShares Russell 3000 ETF Price Performance

The stock has a market cap of $19.45 billion, a P/E ratio of 25.11 and a beta of 1.01. The company has a fifty day moving average price of $389.91 and a 200 day moving average price of $388.98.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Wealth LLC lifted its position in shares of iShares Russell 3000 ETF by 0.6% during the 1st quarter. NewEdge Wealth LLC now owns 7,935 shares of the company’s stock valued at $2,941,000 after buying an additional 48 shares during the last quarter. Acumen Wealth Advisors LLC lifted its position in shares of iShares Russell 3000 ETF by 17.4% during the 1st quarter. Acumen Wealth Advisors LLC now owns 781 shares of the company’s stock valued at $290,000 after buying an additional 116 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of iShares Russell 3000 ETF during the 1st quarter valued at $59,000. Johnson Financial Group Inc. lifted its position in shares of iShares Russell 3000 ETF by 3.7% during the 1st quarter. Johnson Financial Group Inc. now owns 3,854 shares of the company’s stock valued at $1,429,000 after buying an additional 138 shares during the last quarter. Finally, AlTi Global Inc. lifted its position in shares of iShares Russell 3000 ETF by 0.3% during the 1st quarter. AlTi Global Inc. now owns 40,027 shares of the company’s stock valued at $14,837,000 after buying an additional 115 shares during the last quarter.

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.