CRA Financial Services LLC Invests $202,000 in iShares Russell 3000 ETF (NYSEARCA:IWV)

CRA Financial Services LLC bought a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 1st quarter, HoldingsChannel reports. The fund bought 672 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWV. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 3000 ETF by 26,676.1% during the fourth quarter. International Assets Investment Management LLC now owns 674,222 shares of the company’s stock valued at $184,562,000 after purchasing an additional 671,704 shares during the last quarter. Morgan Stanley raised its holdings in shares of iShares Russell 3000 ETF by 17.0% during the third quarter. Morgan Stanley now owns 1,222,269 shares of the company’s stock valued at $299,530,000 after purchasing an additional 177,372 shares during the last quarter. Comerica Bank purchased a new position in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $20,174,000. Christopher J. Hasenberg Inc purchased a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $19,044,000. Finally, Northern Trust Corp raised its holdings in shares of iShares Russell 3000 ETF by 6.0% during the fourth quarter. Northern Trust Corp now owns 1,122,699 shares of the company’s stock valued at $307,328,000 after purchasing an additional 63,240 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV traded down $1.23 during mid-day trading on Friday, hitting $308.67. 349,872 shares of the company traded hands, compared to its average volume of 200,355. The stock has a 50-day moving average price of $300.42 and a two-hundred day moving average price of $290.15. iShares Russell 3000 ETF has a 1 year low of $233.54 and a 1 year high of $312.07. The stock has a market cap of $14.14 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

iShares Russell 3000 ETF 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).