Independent Financial Group LLC Purchases Shares of 4,262 iShares Russell 3000 ETF $IWV

Independent Financial Group LLC acquired a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,262 shares of the company’s stock, valued at approximately $1,580,000.

Several other large investors also recently made changes to their positions in the business. SCS Capital Management LLC raised its stake in shares of iShares Russell 3000 ETF by 0.4% in the 4th quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock valued at $725,266,000 after acquiring an additional 8,384 shares during the period. Goldman Sachs Group Inc. increased its holdings in iShares Russell 3000 ETF by 6.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock valued at $591,538,000 after purchasing an additional 86,391 shares in the last quarter. UNC Management Company Inc. raised its position in iShares Russell 3000 ETF by 0.3% in the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares during the period. Ameriprise Financial Inc. raised its position in iShares Russell 3000 ETF by 16.0% in the second quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after purchasing an additional 61,982 shares during the period. Finally, Focus Partners Wealth raised its position in iShares Russell 3000 ETF by 6.3% in the fourth quarter. Focus Partners Wealth now owns 364,394 shares of the company’s stock valued at $140,966,000 after purchasing an additional 21,635 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of IWV opened at $423.41 on Monday. iShares Russell 3000 ETF has a 12 month low of $351.69 and a 12 month high of $431.32. The stock’s 50-day moving average is $423.44 and its two-hundred day moving average is $401.69. The stock has a market cap of $19.67 billion, a PE ratio of 25.11 and a beta of 1.01.

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.