CIBC Bancorp USA Inc. Makes New $12.01 Million Investment in iShares Russell 3000 ETF $IWV

CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,686 shares of the company’s stock, valued at approximately $12,007,000. CIBC Bancorp USA Inc. owned 0.07% of iShares Russell 3000 ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter worth $28,000. Caldwell Trust Co bought a new stake in iShares Russell 3000 ETF during the 2nd quarter valued at $34,000. Missouri Trust & Investment Co bought a new stake in iShares Russell 3000 ETF during the 3rd quarter valued at $63,000. Arcadia Investment Management Corp MI acquired a new position in iShares Russell 3000 ETF during the third quarter worth $66,000. Finally, GAMMA Investing LLC acquired a new position in iShares Russell 3000 ETF during the third quarter worth $99,000.

iShares Russell 3000 ETF Trading Down 0.3%

iShares Russell 3000 ETF stock opened at $374.34 on Friday. The firm has a market capitalization of $17.61 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The firm’s fifty day moving average price is $389.51 and its two-hundred day moving average price is $384.57. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $397.05.

iShares Russell 3000 ETF Company 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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.