KLCM Advisors Inc. Buys New Position in iShares Russell 3000 ETF $IWV

KLCM Advisors Inc. bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,165 shares of the company’s stock, valued at approximately $838,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in iShares Russell 3000 ETF in the third quarter valued at approximately $28,000. LRI Investments LLC purchased a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $39,000. Laurel Wealth Advisors LLC purchased a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $64,000. Lodestone Wealth Management LLC purchased a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $64,000. Finally, Missouri Trust & Investment Co purchased a new stake in iShares Russell 3000 ETF in the third quarter valued at approximately $63,000.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA IWV opened at $419.06 on Tuesday. iShares Russell 3000 ETF has a one year low of $327.25 and a one year high of $419.96. The firm’s 50 day simple moving average is $388.79 and its two-hundred day simple moving average is $388.44. The stock has a market capitalization of $19.40 billion, a P/E ratio of 25.11 and a beta of 1.01.

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). 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.