Merit Financial Group LLC Invests $673,000 in iShares Russell 3000 ETF (NYSEARCA:IWV)

Merit Financial Group LLC purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,014 shares of the company’s stock, valued at approximately $673,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Truvestments Capital LLC bought a new stake in shares of iShares Russell 3000 ETF during the third quarter worth $33,000. Blue Trust Inc. lifted its position in 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 buying an additional 96 shares in the last quarter. Federated Hermes Inc. grew its holdings in iShares Russell 3000 ETF by 142.1% during the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after acquiring an additional 81 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in iShares Russell 3000 ETF by 36.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after acquiring an additional 36 shares during the last quarter. Finally, Key Financial Inc increased its position in iShares Russell 3000 ETF by 18.9% in the 3rd quarter. Key Financial Inc now owns 472 shares of the company’s stock valued at $154,000 after acquiring an additional 75 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.5 %

Shares of IWV stock opened at $346.94 on Thursday. The firm has a market capitalization of $15.89 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. The firm’s 50 day moving average is $340.82 and its 200-day moving average is $327.53. iShares Russell 3000 ETF has a 1 year low of $276.42 and a 1 year high of $349.54.

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).