iShares Russell 1000 ETF (NYSEARCA:IWB) Reaches New 1-Year High at $301.78

iShares Russell 1000 ETF (NYSEARCA:IWB)’s share price reached a new 52-week high on Friday . The company traded as high as $301.78 and last traded at $301.78, with a volume of 21706 shares changing hands. The stock had previously closed at $301.29.

iShares Russell 1000 ETF Stock Performance

The business’s 50 day moving average is $290.97 and its 200-day moving average is $279.87. The firm has a market capitalization of $37.02 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Waterloo Capital L.P. acquired a new stake in iShares Russell 1000 ETF in the 4th quarter worth $4,471,000. Truist Financial Corp boosted its position in shares of iShares Russell 1000 ETF by 16.7% during the 4th quarter. Truist Financial Corp now owns 474,134 shares of the company’s stock valued at $124,347,000 after acquiring an additional 67,861 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 1000 ETF by 3.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after acquiring an additional 146,971 shares in the last quarter. Advance Capital Management Inc. boosted its position in shares of iShares Russell 1000 ETF by 3.8% during the 4th quarter. Advance Capital Management Inc. now owns 35,540 shares of the company’s stock valued at $9,321,000 after acquiring an additional 1,285 shares in the last quarter. Finally, Arbor Wealth Advisors LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $442,000.

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.