iShares Russell 1000 ETF (NYSEARCA:IWB – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $331.93 and last traded at $331.92, with a volume of 55361 shares trading hands. The stock had previously closed at $328.90.
iShares Russell 1000 ETF Stock Up 0.4 %
The company has a market capitalization of $40.71 billion, a P/E ratio of 24.68 and a beta of 1.01. The company has a 50-day moving average of $318.98 and a two-hundred day moving average of $305.49.
Institutional Trading of iShares Russell 1000 ETF
A number of hedge funds have recently modified their holdings of IWB. LRI Investments LLC purchased a new position in iShares Russell 1000 ETF during the 1st quarter valued at about $28,000. Transcendent Capital Group LLC lifted its holdings in shares of iShares Russell 1000 ETF by 76.4% during the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after purchasing an additional 42 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of iShares Russell 1000 ETF by 239.3% in the 3rd quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock worth $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC purchased a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $30,000. Finally, Clarkston Capital Partners LLC bought a new position in iShares Russell 1000 ETF during the 3rd quarter valued at approximately $32,000.
About iShares Russell 1000 ETF
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.
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