Align Financial LLC Takes $69.59 Million Position in iShares Russell 3000 ETF $IWV

Align Financial LLC acquired a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 179,885 shares of the company’s stock, valued at approximately $69,589,000. Align Financial LLC owned 0.38% of iShares Russell 3000 ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. McLean Asset Management Corp lifted its stake in shares of iShares Russell 3000 ETF by 1.8% in the 4th quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock valued at $689,000 after purchasing an additional 31 shares during the period. Harvest Investment Services LLC raised its stake in iShares Russell 3000 ETF by 0.6% during the 3rd quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock worth $1,919,000 after buying an additional 32 shares during the period. Synovus Financial Corp raised its stake in iShares Russell 3000 ETF by 0.7% during the 3rd quarter. Synovus Financial Corp now owns 4,904 shares of the company’s stock worth $1,859,000 after buying an additional 34 shares during the period. Klingenstein Fields & Co. LP raised its stake in iShares Russell 3000 ETF by 0.3% during the 4th quarter. Klingenstein Fields & Co. LP now owns 14,900 shares of the company’s stock worth $5,764,000 after buying an additional 38 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in iShares Russell 3000 ETF by 0.9% during the 4th quarter. Sanctuary Advisors LLC now owns 4,617 shares of the company’s stock worth $1,786,000 after buying an additional 42 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $420.20 on Thursday. The stock’s 50 day simple moving average is $413.13 and its 200 day simple moving average is $396.05. iShares Russell 3000 ETF has a fifty-two week low of $336.42 and a fifty-two week high of $431.32. The company has a market cap of $19.46 billion, a P/E 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.