Parallel Advisors LLC Buys 20,066 Shares of iShares Russell 3000 ETF $IWV

Parallel Advisors LLC increased its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 8,958.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,290 shares of the company’s stock after purchasing an additional 20,066 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $8,758,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in iShares Russell 3000 ETF by 11.4% during the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock worth $342,336,000 after purchasing an additional 94,283 shares during the period. Calamos Wealth Management LLC acquired a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at about $68,908,000. Geneos Wealth Management Inc. boosted its stake in shares of iShares Russell 3000 ETF by 8.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 170,528 shares of the company’s stock valued at $63,211,000 after buying an additional 13,647 shares during the period. Calamos Advisors LLC purchased a new position in shares of iShares Russell 3000 ETF in the 1st quarter valued at about $57,055,000. Finally, Fifth Third Bancorp boosted its stake in shares of iShares Russell 3000 ETF by 118.6% in the 1st quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock valued at $54,356,000 after buying an additional 79,570 shares during the period.

iShares Russell 3000 ETF Stock Performance

Shares of iShares Russell 3000 ETF stock opened at $417.92 on Friday. The business has a 50-day simple moving average of $434.13 and a 200-day simple moving average of $414.95. iShares Russell 3000 ETF has a one year low of $358.55 and a one year high of $443.90. The company has a market cap of $19.77 billion, a PE ratio of 23.45 and a beta of 1.01.

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.