Independent Advisor Alliance Purchases New Shares in iShares Russell 3000 ETF (NYSEARCA:IWV)

Independent Advisor Alliance purchased a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 81,612 shares of the company’s stock, valued at approximately $27,279,000. Independent Advisor Alliance owned approximately 0.18% of iShares Russell 3000 ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in iShares Russell 3000 ETF during the 4th quarter worth $25,000. Truvestments Capital LLC acquired a new position in iShares Russell 3000 ETF during the 3rd quarter worth $33,000. Principal Securities Inc. grew its holdings in iShares Russell 3000 ETF by 237.5% during the 4th quarter. Principal Securities Inc. now owns 108 shares of the company’s stock worth $36,000 after acquiring an additional 76 shares in the last quarter. Avior Wealth Management LLC grew its holdings in iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after acquiring an additional 71 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in iShares Russell 3000 ETF by 36.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after acquiring an additional 36 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of IWV stock opened at $327.42 on Monday. iShares Russell 3000 ETF has a 1-year low of $282.38 and a 1-year high of $350.23. The firm has a fifty day moving average of $340.49 and a two-hundred day moving average of $334.72. The firm has a market cap of $14.93 billion, a P/E ratio of 24.60 and a beta of 1.04.

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).