McClarren Financial Advisors Inc. Acquires 3,677 Shares of iShares Russell 3000 ETF $IWV

McClarren Financial Advisors Inc. boosted its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 56.8% during the 1st quarter, Holdings Channel reports. The firm owned 10,154 shares of the company’s stock after acquiring an additional 3,677 shares during the period. iShares Russell 3000 ETF makes up about 2.2% of McClarren Financial Advisors Inc.’s investment portfolio, making the stock its 15th largest holding. McClarren Financial Advisors Inc.’s holdings in iShares Russell 3000 ETF were worth $3,764,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its stake in shares of iShares Russell 3000 ETF by 5.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 71,164 shares of the company’s stock worth $26,379,000 after purchasing an additional 3,902 shares during the period. J. Derek Lewis & Associates Inc. purchased a new position in shares of iShares Russell 3000 ETF in the 4th quarter worth about $311,000. Hsbc Holdings PLC bought a new position in iShares Russell 3000 ETF during the fourth quarter valued at about $963,000. Rockefeller Capital Management L.P. grew its position in iShares Russell 3000 ETF by 25.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 76,804 shares of the company’s stock valued at $29,712,000 after buying an additional 15,353 shares during the period. Finally, World Investment Advisors increased its holdings in iShares Russell 3000 ETF by 4.8% during the fourth quarter. World Investment Advisors now owns 3,828 shares of the company’s stock worth $1,481,000 after buying an additional 177 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

NYSEARCA IWV opened at $424.90 on Friday. The company has a market capitalization of $19.67 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 52-week low of $336.42 and a 52-week high of $431.32. The company has a 50-day simple moving average of $414.90 and a 200 day simple moving average of $396.51.

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.