Savvy Advisors Inc. Purchases Shares of 12,698 iShares Russell 3000 ETF $IWV

Savvy Advisors Inc. purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,698 shares of the company’s stock, valued at approximately $4,812,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC grew its stake in shares of iShares Russell 3000 ETF by 31,808.4% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock valued at $346,859,000 after buying an additional 985,106 shares in the last quarter. UNC Management Company Inc. lifted its stake in iShares Russell 3000 ETF by 0.3% in the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after acquiring an additional 1,506 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after acquiring an additional 61,982 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares Russell 3000 ETF by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 363,288 shares of the company’s stock valued at $127,514,000 after acquiring an additional 44,221 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 3000 ETF by 4.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 347,716 shares of the company’s stock worth $122,048,000 after purchasing an additional 14,277 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock opened at $393.91 on Thursday. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $397.05. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The firm’s 50-day moving average is $390.97 and its 200-day moving average is $380.49.

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.