Waterloo Capital L.P. Acquires Shares of 2,573 iShares Russell 3000 ETF $IWV

Waterloo Capital L.P. acquired a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 2,573 shares of the company’s stock, valued at approximately $995,000.

A number of other hedge funds have also recently modified their holdings of the stock. Portland Global Advisors LLC grew its position in shares of iShares Russell 3000 ETF by 15.0% in the 4th quarter. Portland Global Advisors LLC now owns 6,067 shares of the company’s stock valued at $2,347,000 after buying an additional 792 shares during the last quarter. Garde Capital Inc. acquired a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth $2,128,000. Houlihan Financial Resource Group Ltd. acquired a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth $899,000. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth $217,000. Finally, Huntington National Bank lifted its stake in shares of iShares Russell 3000 ETF by 38.7% in the 4th quarter. Huntington National Bank now owns 391 shares of the company’s stock worth $151,000 after acquiring an additional 109 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $428.85 on Monday. iShares Russell 3000 ETF has a one year low of $331.71 and a one year high of $429.65. The stock has a market capitalization of $19.86 billion, a PE ratio of 25.11 and a beta of 1.01. The company has a fifty day moving average of $399.42 and a 200-day moving average of $392.07.

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.