Mutual Advisors LLC Makes New Investment in iShares Russell 3000 ETF $IWV

Mutual Advisors LLC purchased a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 562 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors have also added to or reduced their stakes in IWV. Moneywise Inc. boosted its holdings in iShares Russell 3000 ETF by 3.4% in the first quarter. Moneywise Inc. now owns 36,892 shares of the company’s stock worth $11,718,000 after acquiring an additional 1,219 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares Russell 3000 ETF by 3.0% in the first quarter. International Assets Investment Management LLC now owns 2,664 shares of the company’s stock worth $846,000 after purchasing an additional 78 shares during the last quarter. Spire Wealth Management raised its stake in shares of iShares Russell 3000 ETF by 9.5% in the first quarter. Spire Wealth Management now owns 1,385 shares of the company’s stock worth $440,000 after purchasing an additional 120 shares during the last quarter. Golden State Wealth Management LLC raised its stake in shares of iShares Russell 3000 ETF by 91.9% in the first quarter. Golden State Wealth Management LLC now owns 898 shares of the company’s stock worth $285,000 after purchasing an additional 430 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new position in shares of iShares Russell 3000 ETF in the first quarter worth about $254,000.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $381.82 on Wednesday. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $383.30. The stock has a market cap of $17.22 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The business has a 50-day moving average price of $373.35 and a 200-day moving average price of $348.69.

iShares Russell 3000 ETF 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).