iShares Russell 1000 ETF (NYSEARCA:IWB) Sets New 52-Week High – Here’s What Happened

Shares of iShares Russell 1000 ETF (NYSEARCA:IWB) hit a new 52-week high on Monday . The stock traded as high as $381.21 and last traded at $381.3060, with a volume of 918234 shares trading hands. The stock had previously closed at $380.58.

iShares Russell 1000 ETF Trading Up 0.2%

The stock has a market cap of $47.08 billion, a PE ratio of 24.71 and a beta of 1.01. The company’s 50 day moving average is $372.50 and its 200-day moving average is $361.63.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rede Wealth LLC acquired a new stake in shares of iShares Russell 1000 ETF during the third quarter valued at approximately $2,475,000. Flow Traders U.S. LLC acquired a new position in iShares Russell 1000 ETF in the 2nd quarter worth approximately $1,485,000. Diversified Enterprises LLC purchased a new position in iShares Russell 1000 ETF during the 2nd quarter worth approximately $229,000. Cerity Partners LLC grew its position in iShares Russell 1000 ETF by 1.1% during the 3rd quarter. Cerity Partners LLC now owns 757,510 shares of the company’s stock worth $276,854,000 after purchasing an additional 8,149 shares in the last quarter. Finally, Calamos Wealth Management LLC grew its position in iShares Russell 1000 ETF by 16.5% during the 3rd quarter. Calamos Wealth Management LLC now owns 10,400 shares of the company’s stock worth $3,801,000 after purchasing an additional 1,474 shares in the last quarter.

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.