iShares Russell 3000 ETF (NYSEARCA:IWV) Sets New 52-Week High – Time to Buy?

iShares Russell 3000 ETF (NYSEARCA:IWV)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $327.20 and last traded at $327.20, with a volume of 24254 shares trading hands. The stock had previously closed at $325.95.

iShares Russell 3000 ETF Price Performance

The business has a fifty day moving average of $316.35 and a 200-day moving average of $307.26. The stock has a market cap of $15.01 billion, a PE ratio of 24.59 and a beta of 1.03.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Connections Group Inc. bought a new position in shares of iShares Russell 3000 ETF during the 2nd quarter worth $37,000. Denver PWM LLC bought a new position in shares of iShares Russell 3000 ETF during the 2nd quarter worth $42,000. Federated Hermes Inc. grew its position in shares of iShares Russell 3000 ETF by 142.1% during the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after buying an additional 81 shares in the last quarter. Rothschild Investment LLC bought a new position in shares of iShares Russell 3000 ETF during the 2nd quarter worth $44,000. Finally, ORG Partners LLC bought a new position in shares of iShares Russell 3000 ETF during the 2nd quarter worth $47,000.

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).