Sowell Financial Services LLC Buys New Stake in iShares Russell 3000 ETF $IWV

Sowell Financial Services LLC bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 13,819 shares of the company’s stock, valued at approximately $5,965,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Titleist Asset Management LLC increased its holdings in iShares Russell 3000 ETF by 3.2% in the third quarter. Titleist Asset Management LLC now owns 765 shares of the company’s stock valued at $330,000 after buying an additional 24 shares in the last quarter. Pittenger & Anderson Inc. boosted its position in iShares Russell 3000 ETF by 8.4% during the first quarter. Pittenger & Anderson Inc. now owns 428 shares of the company’s stock worth $159,000 after purchasing an additional 33 shares in the last quarter. Red Spruce Capital LLC boosted its position in 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 purchasing an additional 33 shares in the last quarter. Modera Wealth Management LLC boosted its position in 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 purchasing an additional 35 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in iShares Russell 3000 ETF by 1.4% in the first quarter. International Assets Investment Management LLC now owns 2,891 shares of the company’s stock valued at $1,079,000 after purchasing an additional 39 shares during the period.

iShares Russell 3000 ETF Price Performance

iShares Russell 3000 ETF stock opened at $436.36 on Friday. The stock has a market capitalization of $20.55 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. The business has a 50 day simple moving average of $435.41 and a 200-day simple moving average of $413.97.

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.