Avant Financial Advisors LLC Makes New Investment in iShares Russell 3000 ETF (NYSEARCA:IWV)

Avant Financial Advisors LLC purchased a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 4,957 shares of the company’s stock, valued at approximately $1,657,000. iShares Russell 3000 ETF accounts for approximately 1.5% of Avant Financial Advisors LLC’s holdings, making the stock its 21st biggest holding.

Several other hedge funds have also bought and sold shares of IWV. Bank of Jackson Hole Trust purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $25,000. Principal Securities Inc. raised its position in shares of iShares Russell 3000 ETF by 237.5% during the 4th quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after buying an additional 76 shares in the last quarter. Avior Wealth Management LLC raised its position in shares of iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after buying an additional 71 shares in the last quarter. Physician Wealth Advisors Inc. purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $48,000. Finally, Copia Wealth Management purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $64,000.

iShares Russell 3000 ETF Trading Down 0.6%

Shares of NYSEARCA IWV opened at $334.14 on Thursday. The firm’s 50-day moving average price is $315.65 and its 200-day moving average price is $330.99. The stock has a market capitalization of $15.05 billion, a price-to-earnings ratio of 24.00 and a beta of 1.03. iShares Russell 3000 ETF has a 12-month low of $273.60 and a 12-month high of $350.23.

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).