4,519 Shares in iShares Russell 3000 ETF $IWV Bought by Asset Dedication LLC

Asset Dedication LLC acquired a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 4,519 shares of the company’s stock, valued at approximately $1,951,000.

Other hedge funds also recently made changes to their positions in the company. RMG Wealth Management LLC acquired a new stake in iShares Russell 3000 ETF during the first quarter valued at $35,000. Bangor Savings Bank bought a new position in iShares Russell 3000 ETF in the 3rd quarter valued at $37,000. Angeles Wealth Management LLC bought a new stake in iShares Russell 3000 ETF during the first quarter worth about $44,000. Horizons Wealth Management acquired a new stake in iShares Russell 3000 ETF during the 3rd quarter worth about $50,000. Finally, Center for Financial Planning Inc. purchased a new stake in iShares Russell 3000 ETF in the 3rd quarter worth approximately $57,000.

iShares Russell 3000 ETF Trading Up 0.3%

Shares of IWV stock opened at $417.92 on Friday. iShares Russell 3000 ETF has a 12-month low of $358.55 and a 12-month high of $443.90. The stock has a market capitalization of $19.77 billion, a P/E ratio of 23.45 and a beta of 1.01. The firm’s 50 day moving average is $434.13 and its 200 day moving average is $414.95.

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.