Asset Allocation & Management Company LLC Buys 2,641 Shares of iShares Russell 3000 ETF $IWV

Asset Allocation & Management Company LLC purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,641 shares of the company’s stock, valued at approximately $1,140,000. iShares Russell 3000 ETF accounts for 0.4% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Bangor Savings Bank purchased a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at about $37,000. RMG Wealth Management LLC acquired a new position in shares of iShares Russell 3000 ETF during the first quarter worth about $35,000. Horizons Wealth Management acquired a new position in shares of iShares Russell 3000 ETF during the third quarter worth about $50,000. Angeles Wealth Management LLC purchased a new stake in shares of iShares Russell 3000 ETF during the first quarter worth approximately $44,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of iShares Russell 3000 ETF during the first quarter worth approximately $59,000.

iShares Russell 3000 ETF Price Performance

Shares of IWV stock traded down $0.66 during trading hours on Tuesday, reaching $439.77. 26,414 shares of the stock were exchanged, compared to its average volume of 238,661. The business’s fifty day moving average is $436.50 and its two-hundred day moving average is $421.18. The firm has a market capitalization of $20.49 billion, a P/E ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $358.55 and a 12-month high of $443.90.

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.