Waldron Private Wealth LLC Purchases New Stake in iShares Russell 3000 ETF $IWV

Waldron Private Wealth LLC acquired a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 63,889 shares of the company’s stock, valued at approximately $27,579,000. iShares Russell 3000 ETF makes up 1.0% of Waldron Private Wealth LLC’s investment portfolio, making the stock its 19th largest holding.

Several other large investors also recently made changes to their positions in IWV. Calamos Wealth Management LLC acquired a new stake in iShares Russell 3000 ETF in the third quarter valued at $68,908,000. Financial Council LLC bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at about $5,983,000. Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at about $741,000. Syverson Strege & Co acquired a new position in shares of iShares Russell 3000 ETF during the 3rd quarter worth about $510,000. Finally, Telos Capital Management Inc. acquired a new position in shares of iShares Russell 3000 ETF during the 3rd quarter worth about $457,000.

iShares Russell 3000 ETF Stock Performance

NYSEARCA:IWV traded up $1.44 during mid-day trading on Friday, hitting $417.92. The stock had a trading volume of 662,861 shares, compared to its average volume of 243,158. iShares Russell 3000 ETF has a twelve month low of $358.55 and a twelve month high of $443.90. The stock has a market cap of $19.77 billion, a price-to-earnings ratio of 23.45 and a beta of 1.01. The company’s 50 day simple moving average is $434.13 and its 200 day simple moving average is $414.95.

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.