iShares Russell 3000 ETF (NYSEARCA:IWV) Reaches New 12-Month High at $311.00

iShares Russell 3000 ETF (NYSEARCA:IWV) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $311.00 and last traded at $311.00, with a volume of 8882 shares traded. The stock had previously closed at $309.90.

iShares Russell 3000 ETF Stock Up 0.4 %

The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. The business has a 50-day moving average price of $299.42 and a 200-day moving average price of $289.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Connections Group Inc. acquired a new position in iShares Russell 3000 ETF during the fourth quarter valued at $32,000. Tidemark LLC purchased a new position in iShares Russell 3000 ETF during the 4th quarter valued at about $41,000. Silver Oak Securities Incorporated acquired a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at about $41,000. Salem Investment Counselors Inc. lifted its position in shares of iShares Russell 3000 ETF by 13.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 518 shares of the company’s stock worth $142,000 after purchasing an additional 60 shares in the last quarter. Finally, Signal Advisors Wealth LLC acquired a new stake in shares of iShares Russell 3000 ETF during the first quarter worth approximately $201,000.

About iShares Russell 3000 ETF

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).