iShares Russell 3000 ETF (NYSEARCA:IWV) Sets New 52-Week High – Here’s What Happened

iShares Russell 3000 ETF (NYSEARCA:IWV) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $411.98 and last traded at $411.17, with a volume of 125828 shares. The stock had previously closed at $407.84.

iShares Russell 3000 ETF Stock Up 0.8%

The company’s fifty day simple moving average is $386.73 and its 200 day simple moving average is $387.37. The firm has a market capitalization of $19.04 billion, a PE ratio of 25.11 and a beta of 1.01.

Institutional Trading of iShares Russell 3000 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its stake in shares of iShares Russell 3000 ETF by 15.5% during the first quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock valued at $2,590,000 after purchasing an additional 1,095 shares in the last quarter. Diversify Advisory Services LLC bought a new position in shares of iShares Russell 3000 ETF during the second quarter valued at approximately $210,000. Quantinno Capital Management LP increased its stake in shares of iShares Russell 3000 ETF by 22.9% during the second quarter. Quantinno Capital Management LP now owns 20,872 shares of the company’s stock valued at $7,326,000 after purchasing an additional 3,886 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares Russell 3000 ETF by 7.1% during the second quarter. Raymond James Financial Inc. now owns 151,857 shares of the company’s stock valued at $53,302,000 after purchasing an additional 10,009 shares in the last quarter. Finally, UNC Management Company Inc. increased its stake in shares of iShares Russell 3000 ETF by 0.3% during the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares in the last quarter.

iShares Russell 3000 ETF Company Profile

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.