27-Mar-2024
No press releases found.
Overbought conditions flash across all market caps: Bespoke Investment Group
Seeking Alpha News (Mon, 25-Mar 12:01 PM ET)
iShares Russell 1000 ETF declares quarterly distribution of $0.8691
Seeking Alpha News (Sun, 24-Mar 1:36 PM ET)
The iShares Russell 1000 Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the large capitalization sector of the U.S. equity market as represented by the Russell 1000 Index. The index represents the approximately 1000 largest companies in the Russell 3000 Index.
iShares Russell 1000 ETF trades on the ARCA stock market under the symbol IWB.
As of March 27, 2024, IWB stock price climbed to $288.10 with 494,100 million shares trading.
IWB has a beta of 1.03, meaning it tends to be more sensitive to market movements. IWB has a correlation of 1.00 to the broad based SPY ETF.
IWB has a market cap of $35.41 billion. This is considered a Large Cap stock.
In the last 3 years, IWB stock traded as high as $288.40 and as low as $192.01.
IWB has outperformed the market in the last year with a price return of +33.9% while the SPY ETF gained +33.6%. However, in the short term, IWB had mixed performance relative to the market. It has underperformed in the last 3 months, returning +9.8% vs +10.1% return in SPY. But in the last 2 weeks, IWB shares have fared better than the market returning +1.8% compared to SPY +1.7%.
IWB support price is $283.53 and resistance is $287.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWB stock will trade within this expected range on the day.