Mosaic Advisors LLC Makes New $3.31 Million Investment in iShares Russell 3000 ETF $IWV

Mosaic Advisors LLC bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,729 shares of the company’s stock, valued at approximately $3,308,000. iShares Russell 3000 ETF accounts for about 8.0% of Mosaic Advisors LLC’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWV. Cloud Capital Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the third quarter valued at approximately $28,000. Caldwell Trust Co bought a new position in iShares Russell 3000 ETF during the 2nd quarter worth $34,000. Missouri Trust & Investment Co bought a new position in iShares Russell 3000 ETF during the 3rd quarter worth $63,000. Arcadia Investment Management Corp MI acquired a new position in iShares Russell 3000 ETF in the 3rd quarter valued at $66,000. Finally, Huntington National Bank raised its holdings in iShares Russell 3000 ETF by 261.5% in the 2nd quarter. Huntington National Bank now owns 282 shares of the company’s stock valued at $99,000 after acquiring an additional 204 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA IWV opened at $382.38 on Monday. iShares Russell 3000 ETF has a 52 week low of $273.60 and a 52 week high of $397.05. The stock has a market capitalization of $17.99 billion, a P/E ratio of 25.11 and a beta of 1.02. The stock’s fifty day moving average is $391.35 and its 200 day moving average is $383.98.

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). 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.