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

iShares Russell 1000 Value ETF (NYSEARCA:IWD)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $235.11 and last traded at $234.63, with a volume of 1577011 shares trading hands. The stock had previously closed at $233.90.

iShares Russell 1000 Value ETF Trading Up 0.2%

The firm has a market capitalization of $75.38 billion, a P/E ratio of 18.83 and a beta of 0.84. The firm has a 50 day moving average price of $221.65 and a 200-day moving average price of $216.51.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IWD. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $28,000. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Value ETF in the first quarter worth about $29,000. Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Finally, Grand Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.