iShares Russell 1000 ETF (NYSEARCA:IWB) Reaches New 1-Year High at $301.78

iShares Russell 1000 ETF (NYSEARCA:IWB)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $301.78 and last traded at $301.78, with a volume of 21706 shares traded. The stock had previously closed at $301.29.

iShares Russell 1000 ETF Price Performance

The firm has a market cap of $37.02 billion, a P/E ratio of 24.68 and a beta of 1.01. The company has a fifty day moving average of $290.97 and a 200-day moving average of $279.87.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Mascoma Wealth Management LLC purchased a new position in shares of iShares Russell 1000 ETF during the 4th quarter valued at about $25,000. LRI Investments LLC purchased a new position in iShares Russell 1000 ETF in the 1st quarter worth approximately $27,000. Baystate Wealth Management LLC increased its stake in iShares Russell 1000 ETF by 70.8% in the 4th quarter. Baystate Wealth Management LLC now owns 123 shares of the company’s stock worth $32,000 after purchasing an additional 51 shares during the period. Robinson Capital Management LLC purchased a new position in iShares Russell 1000 ETF in the 4th quarter worth approximately $33,000. Finally, Stonebridge Capital Advisors LLC increased its stake in iShares Russell 1000 ETF by 113.0% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 196 shares of the company’s stock worth $46,000 after purchasing an additional 104 shares during the period.

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.