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

iShares Russell 3000 ETF (NYSEARCA:IWV)’s share price reached a new 52-week high on Monday . The company traded as high as $345.47 and last traded at $344.60, with a volume of 16156 shares. The stock had previously closed at $342.28.

iShares Russell 3000 ETF Price Performance

The business has a fifty day simple moving average of $330.57 and a two-hundred day simple moving average of $316.80. The company has a market cap of $15.76 billion, a PE ratio of 24.59 and a beta of 1.03.

Institutional Trading of iShares Russell 3000 ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in iShares Russell 3000 ETF by 34,366.3% during the 3rd quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock worth $270,831,000 after purchasing an additional 826,509 shares during the period. Family Firm Inc. increased its holdings in iShares Russell 3000 ETF by 313.7% in the 2nd quarter. Family Firm Inc. now owns 856,336 shares of the company’s stock valued at $264,325,000 after purchasing an additional 649,319 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in iShares Russell 3000 ETF in the 2nd quarter valued at approximately $683,000. Campbell Wealth Management acquired a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at approximately $19,943,000. Finally, Cetera Investment Advisers increased its holdings in iShares Russell 3000 ETF by 217.1% in the 1st quarter. Cetera Investment Advisers now owns 66,913 shares of the company’s stock valued at $20,079,000 after purchasing an additional 45,811 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).