iShares Russell 1000 ETF (NYSEARCA:IWB) Reaches New 1-Year High – Here’s What Happened

iShares Russell 1000 ETF (NYSEARCA:IWB)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $377.85 and last traded at $377.87, with a volume of 638438 shares. The stock had previously closed at $376.79.

iShares Russell 1000 ETF Price Performance

The stock has a market cap of $45.50 billion, a PE ratio of 24.71 and a beta of 1.01. The company has a 50 day moving average price of $369.42 and a two-hundred day moving average price of $354.04.

Institutional Trading of iShares Russell 1000 ETF

A number of institutional investors have recently made changes to their positions in the stock. Highline Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 ETF in the third quarter worth $30,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $31,000. Capital A Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter valued at about $30,000. Caldwell Trust Co bought a new position in shares of iShares Russell 1000 ETF in the 2nd quarter worth approximately $30,000. Finally, Absher Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $33,000.

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.