iShares Russell 1000 ETF (NYSEARCA:IWB) Sets New 1-Year High – Here’s What Happened

iShares Russell 1000 ETF (NYSEARCA:IWB) reached a new 52-week high on Thursday . The stock traded as high as $331.50 and last traded at $331.50, with a volume of 144 shares traded. The stock had previously closed at $328.85.

iShares Russell 1000 ETF Trading Down 0.3 %

The stock has a market capitalization of $40.24 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The business has a 50 day simple moving average of $314.76 and a 200-day simple moving average of $302.47.

Hedge Funds Weigh In On iShares Russell 1000 ETF

Hedge funds have recently made changes to their positions in the stock. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of iShares Russell 1000 ETF by 398.0% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after purchasing an additional 796,000 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares Russell 1000 ETF by 26,328.0% during the 3rd quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after acquiring an additional 602,911 shares in the last quarter. Millennium Management LLC increased its holdings in iShares Russell 1000 ETF by 4,016.4% in the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock valued at $106,373,000 after purchasing an additional 348,824 shares in the last quarter. Cetera Investment Advisers raised its position in iShares Russell 1000 ETF by 198.8% in the first quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after purchasing an additional 181,531 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of iShares Russell 1000 ETF by 17.5% during the first quarter. Captrust Financial Advisors now owns 968,007 shares of the company’s stock worth $278,815,000 after purchasing an additional 144,508 shares in the last quarter.

About iShares Russell 1000 ETF

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.