iShares Russell 1000 Value ETF (NYSEARCA:IWD) Hits New 12-Month High – What’s Next?

iShares Russell 1000 Value ETF (NYSEARCA:IWD) reached a new 52-week high during trading on Thursday . The stock traded as high as $239.17 and last traded at $237.93, with a volume of 1187169 shares traded. The stock had previously closed at $238.30.

iShares Russell 1000 Value ETF Trading Down 0.2%

The stock has a market cap of $76.42 billion, a P/E ratio of 18.83 and a beta of 0.84. The firm’s 50-day simple moving average is $224.95 and its 200 day simple moving average is $218.63.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $28,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Finally, Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Institutional investors own 84.93% of the company’s stock.

About iShares Russell 1000 Value ETF

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.