iShares Russell 1000 ETF (NYSEARCA:IWB) Reaches New 1-Year High at $288.75

iShares Russell 1000 ETF (NYSEARCA:IWB)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $288.75 and last traded at $288.03, with a volume of 858035 shares traded. The stock had previously closed at $288.10.

iShares Russell 1000 ETF Stock Down 0.0 %

The stock has a market cap of $36.46 billion, a P/E ratio of 17.92 and a beta of 1.01. The firm’s 50-day moving average is $276.78 and its two-hundred day moving average is $257.20.

Hedge Funds Weigh In On iShares Russell 1000 ETF

Hedge funds have recently bought and sold shares of the business. Moneta Group Investment Advisors LLC increased its holdings in shares of iShares Russell 1000 ETF by 135,206.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 42,238,638 shares of the company’s stock valued at $8,892,078,000 after acquiring an additional 42,207,421 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Russell 1000 ETF by 2.8% during the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after purchasing an additional 227,252 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Russell 1000 ETF by 3.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after purchasing an additional 146,971 shares during the period. M&T Bank Corp raised its position in shares of iShares Russell 1000 ETF by 1.1% in the fourth quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock valued at $774,904,000 after purchasing an additional 31,595 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of iShares Russell 1000 ETF by 1.8% in the third quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after buying an additional 38,800 shares during 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.