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

Sowell Financial Services LLC bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, Holdings Channel reports. The fund bought 13,819 shares of the company’s stock, valued at approximately $5,965,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Calamos Advisors LLC purchased a new position in shares of iShares Russell 3000 ETF in the first quarter valued at $57,055,000. Heck Capital Advisors LLC grew its stake in iShares Russell 3000 ETF by 10,736.3% in the 2nd quarter. Heck Capital Advisors LLC now owns 124,292 shares of the company’s stock valued at $52,998,000 after acquiring an additional 123,145 shares during the last quarter. Bank of America Corp DE grew its stake in iShares Russell 3000 ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock valued at $342,336,000 after acquiring an additional 94,283 shares during the last quarter. Fifth Third Bancorp grew its stake in 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 acquiring an additional 79,570 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at about $22,459,000.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $435.20 on Wednesday. The business’s fifty day moving average price is $436.09 and its two-hundred day moving average price is $424.03. The stock has a market cap of $20.43 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a one year low of $358.55 and a one year high of $443.90.

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.