iShares Russell 1000 ETF (NYSEARCA:IWB) Sets New 12-Month High – Here’s What Happened

iShares Russell 1000 ETF (NYSEARCA:IWB) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $381.73 and last traded at $381.3120, with a volume of 235216 shares traded. The stock had previously closed at $379.77.

iShares Russell 1000 ETF Price Performance

The firm has a market capitalization of $46.63 billion, a PE ratio of 24.71 and a beta of 1.01. The firm has a fifty day moving average price of $374.33 and a 200 day moving average price of $364.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Capital A Wealth Management LLC acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth about $30,000. Caldwell Trust Co purchased a new stake in shares of iShares Russell 1000 ETF in the second quarter worth approximately $30,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter worth approximately $30,000. Cary Street Partners Investment Advisory LLC grew its position in iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in iShares Russell 1000 ETF in the 3rd quarter valued at approximately $31,000.

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.