1,555 Shares of iShares Russell 3000 ETF $IWV Bought by USA Financial Formulas

USA Financial Formulas acquired a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,555 shares of the company’s stock, valued at approximately $671,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Calamos Advisors LLC bought a new stake in shares of iShares Russell 3000 ETF in the 1st quarter worth approximately $57,055,000. Heck Capital Advisors LLC boosted its stake in shares of iShares Russell 3000 ETF by 10,736.3% in the 2nd quarter. Heck Capital Advisors LLC now owns 124,292 shares of the company’s stock valued at $52,998,000 after purchasing an additional 123,145 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of iShares Russell 3000 ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock valued at $342,336,000 after purchasing an additional 94,283 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of iShares Russell 3000 ETF by 118.6% in the 1st quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock valued at $54,356,000 after purchasing an additional 79,570 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC bought a new position in shares of iShares Russell 3000 ETF during the 3rd quarter valued at $22,459,000.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $431.94 on Friday. The firm has a market cap of $20.28 billion, a P/E ratio of 25.11 and a beta of 1.01. The firm’s fifty day moving average is $436.30 and its 200 day moving average is $422.71. iShares Russell 3000 ETF has a 52 week low of $358.55 and a 52 week 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.