Federated Hermes Inc. Buys New Shares in iShares Russell 3000 ETF (NYSEARCA:IWV)

Federated Hermes Inc. bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 9,911 shares of the company’s stock, valued at approximately $2,713,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWV. One Day In July LLC increased its holdings in shares of iShares Russell 3000 ETF by 148.7% during the third quarter. One Day In July LLC now owns 7,894 shares of the company’s stock worth $1,935,000 after buying an additional 4,720 shares in the last quarter. Brookstone Capital Management increased its holdings in shares of iShares Russell 3000 ETF by 44.9% in the third quarter. Brookstone Capital Management now owns 96,604 shares of the company’s stock valued at $23,520,000 after purchasing an additional 29,944 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares Russell 3000 ETF by 3.2% in the third quarter. Commonwealth Equity Services LLC now owns 154,869 shares of the company’s stock valued at $37,952,000 after purchasing an additional 4,768 shares in the last quarter. Xponance Inc. increased its holdings in shares of iShares Russell 3000 ETF by 13.7% in the third quarter. Xponance Inc. now owns 7,247 shares of the company’s stock valued at $1,776,000 after purchasing an additional 871 shares in the last quarter. Finally, Dakota Wealth Management increased its holdings in shares of iShares Russell 3000 ETF by 7.9% in the third quarter. Dakota Wealth Management now owns 5,117 shares of the company’s stock valued at $1,254,000 after purchasing an additional 373 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of iShares Russell 3000 ETF stock opened at $290.72 on Friday. The firm has a 50 day simple moving average of $292.82 and a 200 day simple moving average of $274.48. iShares Russell 3000 ETF has a fifty-two week low of $231.02 and a fifty-two week high of $300.72. The firm has a market cap of $13.21 billion, a P/E ratio of 23.89 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).