iShares Russell 3000 ETF (NYSEARCA:IWV) Sets New 12-Month High – Here’s What Happened

iShares Russell 3000 ETF (NYSEARCA:IWV) shares reached a new 52-week high on Thursday . The company traded as high as $442.42 and last traded at $442.32, with a volume of 30314 shares trading hands. The stock had previously closed at $440.21.

iShares Russell 3000 ETF Stock Performance

The company has a market cap of $20.50 billion, a P/E ratio of 25.11 and a beta of 1.01. The firm’s fifty day moving average is $425.68 and its two-hundred day moving average is $406.44.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Large investors have recently made changes to their positions in the business. SCS Capital Management LLC grew its position in shares of iShares Russell 3000 ETF by 0.4% during the fourth quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock worth $725,266,000 after purchasing an additional 8,384 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares Russell 3000 ETF by 6.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock worth $591,538,000 after purchasing an additional 86,391 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares Russell 3000 ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock worth $342,336,000 after purchasing an additional 94,283 shares during the period. UNC Management Company Inc. boosted its stake in iShares Russell 3000 ETF by 0.3% in the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after purchasing an additional 1,506 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock worth $158,217,000 after purchasing an additional 61,982 shares during the period.

About iShares Russell 3000 ETF

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.