Shakespeare Wealth Management LLC Makes New Investment in iShares Russell 3000 ETF $IWV

Shakespeare Wealth Management LLC purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the third quarter, HoldingsChannel reports. The firm purchased 1,158 shares of the company’s stock, valued at approximately $500,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bangor Savings Bank purchased a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at about $37,000. RMG Wealth Management LLC acquired a new position in iShares Russell 3000 ETF in the first quarter valued at about $35,000. Horizons Wealth Management acquired a new position in iShares Russell 3000 ETF in the third quarter valued at about $50,000. Angeles Wealth Management LLC acquired a new position in iShares Russell 3000 ETF in the first quarter valued at about $44,000. Finally, Center for Financial Planning Inc. purchased a new position in iShares Russell 3000 ETF during the third quarter worth about $57,000.

iShares Russell 3000 ETF Price Performance

Shares of IWV stock opened at $436.36 on Friday. iShares Russell 3000 ETF has a 1-year low of $358.55 and a 1-year high of $443.90. The firm has a market cap of $20.55 billion, a PE ratio of 25.11 and a beta of 1.01. The company has a 50-day moving average of $435.41 and a two-hundred day moving average of $413.97.

About iShares Russell 3000 ETF

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.