iShares Russell 3000 ETF (NYSEARCA:IWV) Reaches New 12-Month High – Here’s What Happened

Shares of iShares Russell 3000 ETF (NYSEARCA:IWV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $349.54 and last traded at $349.54, with a volume of 128080 shares changing hands. The stock had previously closed at $348.51.

iShares Russell 3000 ETF Stock Up 0.3 %

The company has a market capitalization of $15.97 billion, a PE ratio of 26.45 and a beta of 1.04. The firm has a 50-day moving average of $341.89 and a two-hundred day moving average of $331.78.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in iShares Russell 3000 ETF during the fourth quarter worth $25,000. Truvestments Capital LLC acquired a new position in iShares Russell 3000 ETF during the third quarter worth $33,000. Principal Securities Inc. lifted its stake in iShares Russell 3000 ETF by 237.5% during the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock worth $36,000 after purchasing an additional 76 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares Russell 3000 ETF by 384.0% during the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after purchasing an additional 96 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its stake in iShares Russell 3000 ETF by 126.8% during the fourth quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after purchasing an additional 71 shares in the last quarter.

About iShares Russell 3000 ETF

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).