Independent Financial Group LLC Makes New Investment in iShares Russell 3000 ETF $IWV

Independent Financial Group LLC purchased a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,262 shares of the company’s stock, valued at approximately $1,580,000.

Several other large investors have also modified their holdings of the stock. Sittner & Nelson LLC acquired a new position in iShares Russell 3000 ETF during the fourth quarter worth approximately $25,000. Smithfield Trust Co acquired a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at $30,000. LRI Investments LLC purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at $39,000. Advocate Investing Services LLC purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Russell 3000 ETF during the 4th quarter worth $64,000.

iShares Russell 3000 ETF Stock Performance

Shares of IWV opened at $423.41 on Monday. The firm has a market capitalization of $19.67 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock’s fifty day simple moving average is $423.44 and its 200 day simple moving average is $401.69. iShares Russell 3000 ETF has a twelve month low of $351.69 and a twelve month high of $431.32.

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.