8,151 Shares in iShares Russell 3000 ETF (NYSEARCA:IWV) Purchased by Fonville Wealth Management LLC

Fonville Wealth Management LLC acquired a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,151 shares of the company’s stock, valued at approximately $2,231,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWV. Rhumbline Advisers increased its position in iShares Russell 3000 ETF by 423.5% in the first quarter. Rhumbline Advisers now owns 26,771 shares of the company’s stock worth $7,024,000 after purchasing an additional 21,657 shares during the period. BlackRock Inc. increased its position in iShares Russell 3000 ETF by 1.1% in the first quarter. BlackRock Inc. now owns 684,744 shares of the company’s stock worth $179,656,000 after purchasing an additional 7,332 shares during the period. Raymond James Trust N.A. increased its position in iShares Russell 3000 ETF by 80.6% in the first quarter. Raymond James Trust N.A. now owns 1,409 shares of the company’s stock worth $370,000 after purchasing an additional 629 shares during the period. Dakota Wealth Management acquired a new stake in iShares Russell 3000 ETF in the first quarter worth about $310,000. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of iShares Russell 3000 ETF during the 1st quarter worth about $219,000.

iShares Russell 3000 ETF Price Performance

Shares of iShares Russell 3000 ETF stock traded down $0.22 during trading on Thursday, hitting $285.23. 96,088 shares of the company were exchanged, compared to its average volume of 256,844. The firm has a market capitalization of $12.98 billion, a P/E ratio of 24.50 and a beta of 1.03. iShares Russell 3000 ETF has a 1-year low of $231.02 and a 1-year high of $300.72. The firm’s fifty day moving average price is $292.65 and its 200 day moving average price is $272.40.

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).