Magnolia Private Wealth LLC Acquires Shares of 1,096 iShares Russell 3000 ETF (NYSEARCA:IWV)

Magnolia Private Wealth LLC purchased a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,096 shares of the company’s stock, valued at approximately $366,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bank of Jackson Hole Trust acquired a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $25,000. Truvestments Capital LLC acquired a new position in iShares Russell 3000 ETF in the third quarter valued at approximately $33,000. Principal Securities Inc. grew its holdings in shares of iShares Russell 3000 ETF by 237.5% during the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after purchasing an additional 76 shares during the last quarter. Blue Trust Inc. raised its position in shares of iShares Russell 3000 ETF by 384.0% during the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after purchasing an additional 96 shares during the period. Finally, Avior Wealth Management LLC raised its position in shares of iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after purchasing an additional 71 shares during the period.

iShares Russell 3000 ETF Price Performance

NYSEARCA:IWV opened at $338.12 on Wednesday. The firm has a market capitalization of $15.45 billion, a P/E ratio of 26.45 and a beta of 1.04. The business has a 50 day simple moving average of $341.66 and a 200 day simple moving average of $333.68. iShares Russell 3000 ETF has a 12-month low of $282.38 and a 12-month high of $350.23.

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).