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

iShares Russell 3000 ETF (NYSEARCA:IWV) shares hit a new 52-week high during trading on Monday . The stock traded as high as $349.70 and last traded at $346.83, with a volume of 134880 shares trading hands. The stock had previously closed at $349.08.

iShares Russell 3000 ETF Stock Up 0.8 %

The firm has a 50 day moving average price of $335.86 and a 200 day moving average price of $320.63. The stock has a market capitalization of $15.95 billion, a PE ratio of 24.59 and a beta of 1.03.

Hedge Funds Weigh In On iShares Russell 3000 ETF

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