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

iShares Russell 3000 ETF (NYSEARCA:IWV) reached a new 52-week high during trading on Monday . The company traded as high as $346.80 and last traded at $346.38, with a volume of 193213 shares changing hands. The stock had previously closed at $346.20.

iShares Russell 3000 ETF Stock Up 0.0 %

The business has a fifty day moving average of $333.62 and a 200 day moving average of $319.03. The firm has a market cap of $15.88 billion, a P/E ratio of 24.59 and a beta of 1.03.

Institutional Trading of iShares Russell 3000 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Synovus Financial Corp grew its holdings in shares of iShares Russell 3000 ETF by 1.6% in the 3rd quarter. Synovus Financial Corp now owns 6,793 shares of the company’s stock valued at $2,219,000 after buying an additional 109 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in iShares Russell 3000 ETF by 106.2% during the third quarter. Wilmington Savings Fund Society FSB now owns 23,738 shares of the company’s stock worth $7,756,000 after acquiring an additional 12,225 shares in the last quarter. World Investment Advisors LLC grew its stake in iShares Russell 3000 ETF by 6.7% in the third quarter. World Investment Advisors LLC now owns 3,321 shares of the company’s stock valued at $1,085,000 after acquiring an additional 209 shares during the period. Rehmann Capital Advisory Group bought a new stake in shares of iShares Russell 3000 ETF in the third quarter worth about $452,000. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Russell 3000 ETF by 36.0% during the third quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after purchasing an additional 36 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).