iShares Russell 1000 ETF (NYSEARCA:IWB – Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $419.47 and traded as high as $421.15. iShares Russell 1000 ETF shares last traded at $420.41, with a volume of 789,745 shares changing hands.
iShares Russell 1000 ETF Stock Performance
The firm’s 50-day moving average is $419.47 and its two-hundred day moving average is $398.02. The stock has a market cap of $49.00 billion, a P/E ratio of 24.71 and a beta of 1.00.
Institutional Investors Weigh In On iShares Russell 1000 ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. MCF Advisors LLC lifted its stake in shares of iShares Russell 1000 ETF by 127.6% during the second quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 37 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $28,000. Planning Strategies Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $30,000. Wagner Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 1st quarter worth approximately $32,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter worth approximately $35,000.
iShares Russell 1000 ETF Company Profile
iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.
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