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

iShares Russell 1000 ETF (NYSEARCA:IWB)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $331.93 and last traded at $331.92, with a volume of 55361 shares trading hands. The stock had previously closed at $328.90.

iShares Russell 1000 ETF Stock Up 0.4 %

The company has a market capitalization of $40.71 billion, a PE ratio of 24.68 and a beta of 1.01. The stock’s fifty day moving average price is $318.98 and its two-hundred day moving average price is $305.49.

Institutional Investors Weigh In On iShares Russell 1000 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after acquiring an additional 796,000 shares in the last quarter. International Assets Investment Management LLC raised its holdings in iShares Russell 1000 ETF by 26,328.0% in the 3rd quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock worth $190,269,000 after purchasing an additional 602,911 shares in the last quarter. Millennium Management LLC lifted its position in shares of iShares Russell 1000 ETF by 4,016.4% in the 2nd quarter. Millennium Management LLC now owns 357,509 shares of the company’s stock worth $106,373,000 after purchasing an additional 348,824 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares Russell 1000 ETF by 198.8% during the 1st quarter. Cetera Investment Advisers now owns 272,822 shares of the company’s stock valued at $78,581,000 after purchasing an additional 181,531 shares in the last quarter. Finally, BOKF NA boosted its stake in shares of iShares Russell 1000 ETF by 8.9% during the 2nd quarter. BOKF NA now owns 1,260,585 shares of the company’s stock valued at $375,074,000 after purchasing an additional 102,898 shares in the last quarter.

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.