Single Point Partners LLC Makes New $3.40 Million Investment in iShares Russell 3000 ETF (NYSEARCA:IWV)

Single Point Partners LLC purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,157 shares of the company’s stock, valued at approximately $3,395,000. iShares Russell 3000 ETF makes up 0.8% of Single Point Partners LLC’s portfolio, making the stock its 22nd largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at $33,000. Blue Trust Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 384.0% in the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after buying an additional 96 shares in the last quarter. Avior Wealth Management LLC raised its position in iShares Russell 3000 ETF by 126.8% in the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after purchasing an additional 71 shares during the last quarter. Sunbelt Securities Inc. raised its position in iShares Russell 3000 ETF by 36.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after purchasing an additional 36 shares during the last quarter. Finally, Key Financial Inc raised its position in iShares Russell 3000 ETF by 18.9% in the 3rd quarter. Key Financial Inc now owns 472 shares of the company’s stock valued at $154,000 after purchasing an additional 75 shares during the last quarter.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $346.32 on Tuesday. The company has a fifty day moving average price of $341.95 and a 200 day moving average price of $330.24. iShares Russell 3000 ETF has a 12 month low of $280.77 and a 12 month high of $349.54. The company has a market cap of $15.86 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

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).