Shares of iShares Russell 1000 ETF (NYSEARCA:IWB – Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $408.44 and last traded at $408.08, with a volume of 288882 shares trading hands. The stock had previously closed at $404.95.
iShares Russell 1000 ETF Price Performance
The stock’s fifty day moving average is $379.08 and its 200-day moving average is $376.09. The stock has a market capitalization of $47.96 billion, a PE ratio of 24.71 and a beta of 1.00.
Institutional Investors Weigh In On iShares Russell 1000 ETF
Hedge funds have recently modified their holdings of the business. Belpointe Asset Management LLC increased its position in iShares Russell 1000 ETF by 109.2% during the third quarter. Belpointe Asset Management LLC now owns 10,904 shares of the company’s stock worth $3,985,000 after purchasing an additional 5,692 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in iShares Russell 1000 ETF by 20.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 13,623 shares of the company’s stock worth $5,087,000 after purchasing an additional 2,293 shares during the last quarter. Corepath Wealth Partners LLC increased its position in iShares Russell 1000 ETF by 495.5% during the third quarter. Corepath Wealth Partners LLC now owns 22,022 shares of the company’s stock worth $8,123,000 after purchasing an additional 18,324 shares during the last quarter. Vista Capital Partners Inc. increased its position in iShares Russell 1000 ETF by 149.0% during the fourth quarter. Vista Capital Partners Inc. now owns 6,026 shares of the company’s stock worth $2,250,000 after purchasing an additional 3,606 shares during the last quarter. Finally, Mayport LLC acquired a new stake in iShares Russell 1000 ETF during the fourth quarter worth about $878,000.
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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