1,221 Shares of iShares Russell 3000 ETF $IWV Acquired by Summit Financial Strategies Inc.

Summit Financial Strategies Inc. purchased a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the third quarter, Holdings Channel.com reports. The firm purchased 1,221 shares of the company’s stock, valued at approximately $527,000.

A number of other hedge funds have also recently bought and sold shares of IWV. Titleist Asset Management LLC increased its holdings in iShares Russell 3000 ETF by 3.2% during the 3rd quarter. Titleist Asset Management LLC now owns 765 shares of the company’s stock worth $330,000 after purchasing an additional 24 shares during the last quarter. Pittenger & Anderson Inc. boosted its stake in shares of iShares Russell 3000 ETF by 8.4% during the 1st quarter. Pittenger & Anderson Inc. now owns 428 shares of the company’s stock valued at $159,000 after buying an additional 33 shares during the last quarter. Red Spruce Capital LLC grew its position in shares of iShares Russell 3000 ETF by 1.4% during the third quarter. Red Spruce Capital LLC now owns 2,408 shares of the company’s stock worth $1,039,000 after buying an additional 33 shares in the last quarter. Modera Wealth Management LLC grew its position in shares of iShares Russell 3000 ETF by 0.6% during the first quarter. Modera Wealth Management LLC now owns 6,264 shares of the company’s stock worth $2,322,000 after buying an additional 35 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of iShares Russell 3000 ETF by 1.4% during the first quarter. International Assets Investment Management LLC now owns 2,891 shares of the company’s stock worth $1,079,000 after buying an additional 39 shares in the last quarter.

iShares Russell 3000 ETF Trading Down 1.2%

Shares of NYSEARCA:IWV opened at $435.00 on Thursday. The company has a fifty day simple moving average of $436.47 and a 200 day simple moving average of $422.12. The firm has a market cap of $20.31 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $358.55 and a 12-month high of $443.90.

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.