Mesirow Financial Investment Management Inc. Purchases New Position in iShares Russell 3000 ETF $IWV

Mesirow Financial Investment Management Inc. bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,199 shares of the company’s stock, valued at approximately $518,000.

A number of other large investors also recently modified their holdings of the company. Lido Advisors LLC acquired a new position in shares of iShares Russell 3000 ETF during the third quarter valued at about $114,541,000. Calamos Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF during the third quarter worth about $68,908,000. Heck Capital Advisors LLC increased its position in shares of iShares Russell 3000 ETF by 10,736.3% during the second quarter. Heck Capital Advisors LLC now owns 124,292 shares of the company’s stock worth $52,998,000 after acquiring an additional 123,145 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of iShares Russell 3000 ETF during the third quarter worth about $44,330,000. Finally, Bank of America Corp DE raised its holdings 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 worth $342,336,000 after acquiring an additional 94,283 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA IWV opened at $429.79 on Friday. iShares Russell 3000 ETF has a fifty-two week low of $358.55 and a fifty-two week high of $443.90. The stock has a market cap of $20.48 billion, a price-to-earnings ratio of 23.45 and a beta of 1.01. The firm’s 50-day simple moving average is $433.62 and its 200 day simple moving average is $415.67.

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.