iShares Russell 3000 ETF (NYSEARCA:IWV) Hits New 1-Year High – What’s Next?

iShares Russell 3000 ETF (NYSEARCA:IWV)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $336.66 and last traded at $336.66, with a volume of 114 shares trading hands. The stock had previously closed at $329.14.

iShares Russell 3000 ETF Trading Up 0.5 %

The firm has a 50-day moving average of $325.50 and a 200 day moving average of $313.04. The company has a market cap of $15.69 billion, a P/E ratio of 24.59 and a beta of 1.03.

Institutional Investors Weigh In On iShares Russell 3000 ETF

Several institutional investors and hedge funds have recently made changes to their positions in IWV. Financial Connections Group Inc. bought a new stake in shares of iShares Russell 3000 ETF during the 2nd quarter valued at about $37,000. Blue Trust Inc. boosted its position in shares of iShares Russell 3000 ETF by 384.0% during the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after purchasing an additional 96 shares in the last quarter. Denver PWM LLC bought a new position in iShares Russell 3000 ETF in the second quarter worth approximately $42,000. Federated Hermes Inc. boosted its holdings in iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after acquiring an additional 81 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares Russell 3000 ETF in the second quarter worth approximately $44,000.

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).