Mesirow Financial Investment Management Inc. Makes New $518,000 Investment in iShares Russell 3000 ETF $IWV

Mesirow Financial Investment Management Inc. bought a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 1,199 shares of the company’s stock, valued at approximately $518,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Lido Advisors LLC bought a new stake in iShares Russell 3000 ETF in the 3rd quarter worth about $114,541,000. Keybank National Association OH bought a new position in shares of iShares Russell 3000 ETF during the 3rd quarter worth approximately $10,065,000. Gryphon Financial Partners LLC bought a new position in shares of iShares Russell 3000 ETF during the 3rd quarter worth approximately $455,000. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell 3000 ETF by 1.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 35,932 shares of the company’s stock worth $15,544,000 after buying an additional 609 shares during the last quarter. Finally, Platt Wealth Management LLC purchased a new position in shares of iShares Russell 3000 ETF in the 3rd quarter worth approximately $532,000.

iShares Russell 3000 ETF Trading Down 0.4%

Shares of IWV opened at $429.79 on Friday. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 23.45 and a beta of 1.01. The stock has a 50 day moving average of $433.62 and a 200 day moving average of $415.67. 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.