iShares Russell 3000 ETF (NYSEARCA:IWV – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $424.41 and last traded at $423.98, with a volume of 87490 shares trading hands. The stock had previously closed at $420.65.
iShares Russell 3000 ETF Trading Up 0.4%
The firm has a market capitalization of $19.56 billion, a PE ratio of 25.11 and a beta of 1.01. The business has a 50-day moving average of $394.61 and a 200 day moving average of $390.52.
Institutional Investors Weigh In On iShares Russell 3000 ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of iShares Russell 3000 ETF by 11.4% during the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock valued at $342,336,000 after purchasing an additional 94,283 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of iShares Russell 3000 ETF by 5.9% in the 1st quarter. Quantinno Capital Management LP now owns 37,377 shares of the company’s stock worth $13,855,000 after buying an additional 2,070 shares during the last quarter. Gateway Wealth Partners LLC grew its position in iShares Russell 3000 ETF by 154.2% during the first quarter. Gateway Wealth Partners LLC now owns 1,398 shares of the company’s stock valued at $519,000 after buying an additional 848 shares during the period. Matrix Private Capital Group LLC bought a new position in iShares Russell 3000 ETF during the first quarter valued at about $2,962,000. Finally, Punch & Associates Investment Management Inc. grew its position in iShares Russell 3000 ETF by 7.7% during the first quarter. Punch & Associates Investment Management Inc. now owns 5,487 shares of the company’s stock valued at $2,034,000 after buying an additional 394 shares during the period.
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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.
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