Federated Hermes Inc. Makes New $2.71 Million Investment in iShares Russell 3000 ETF (NYSEARCA:IWV)

Federated Hermes Inc. bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,911 shares of the company’s stock, valued at approximately $2,713,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWV. International Assets Investment Management LLC grew its stake in shares of iShares Russell 3000 ETF by 26,676.1% during the fourth quarter. International Assets Investment Management LLC now owns 674,222 shares of the company’s stock worth $184,562,000 after purchasing an additional 671,704 shares in the last quarter. Corient Private Wealth LLC lifted its position in iShares Russell 3000 ETF by 184.8% in the third quarter. Corient Private Wealth LLC now owns 534,942 shares of the company’s stock valued at $131,093,000 after acquiring an additional 347,103 shares during the last quarter. Morgan Stanley lifted its position in iShares Russell 3000 ETF by 17.0% in the third quarter. Morgan Stanley now owns 1,222,269 shares of the company’s stock valued at $299,530,000 after acquiring an additional 177,372 shares during the last quarter. TIAA Trust National Association purchased a new stake in iShares Russell 3000 ETF in the third quarter valued at $40,004,000. Finally, HighTower Advisors LLC lifted its position in iShares Russell 3000 ETF by 90.7% in the third quarter. HighTower Advisors LLC now owns 211,386 shares of the company’s stock valued at $51,795,000 after acquiring an additional 100,520 shares during the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of IWV opened at $290.72 on Friday. iShares Russell 3000 ETF has a 1-year low of $231.02 and a 1-year high of $300.72. The stock has a market cap of $13.21 billion, a PE ratio of 23.89 and a beta of 1.03. The firm has a fifty day moving average price of $292.82 and a 200 day moving average price of $274.48.

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).