Bleakley Financial Group LLC Makes New $4.90 Million Investment in iShares Russell 3000 ETF $IWV

Bleakley Financial Group LLC acquired a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the first quarter, HoldingsChannel reports. The institutional investor acquired 13,210 shares of the company’s stock, valued at approximately $4,897,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Chicago Partners Investment Group LLC boosted its stake in iShares Russell 3000 ETF by 12.9% in the 1st quarter. Chicago Partners Investment Group LLC now owns 16,863 shares of the company’s stock valued at $6,829,000 after purchasing an additional 1,933 shares during the period. Global Assets Advisory LLC acquired a new stake in shares of iShares Russell 3000 ETF during the first quarter worth $1,564,000. International Assets Investment Management LLC boosted its position in shares of iShares Russell 3000 ETF by 1.4% in the first quarter. International Assets Investment Management LLC now owns 2,891 shares of the company’s stock valued at $1,079,000 after acquiring an additional 39 shares during the period. Diversify Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the first quarter valued at about $369,000. Finally, Valmark Advisers Inc. grew its stake in shares of iShares Russell 3000 ETF by 42.2% in the first quarter. Valmark Advisers Inc. now owns 2,015 shares of the company’s stock valued at $747,000 after acquiring an additional 598 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $427.95 on Wednesday. iShares Russell 3000 ETF has a 52 week low of $351.20 and a 52 week high of $431.32. The company has a market capitalization of $19.86 billion, a PE ratio of 25.11 and a beta of 1.01. The company’s 50-day simple moving average is $422.84 and its 200 day simple moving average is $400.95.

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). 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.