McClarren Financial Advisors Inc. Buys 4,990 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

McClarren Financial Advisors Inc. increased its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 231.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,150 shares of the company’s stock after acquiring an additional 4,990 shares during the quarter. iShares Russell 3000 ETF comprises 1.2% of McClarren Financial Advisors Inc.’s investment portfolio, making the stock its 13th biggest position. McClarren Financial Advisors Inc.’s holdings in iShares Russell 3000 ETF were worth $2,336,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Anchor Investment Management LLC boosted its holdings in shares of iShares Russell 3000 ETF by 4.4% during the 2nd quarter. Anchor Investment Management LLC now owns 790 shares of the company’s stock worth $244,000 after buying an additional 33 shares during the period. Fluent Financial LLC boosted its holdings in iShares Russell 3000 ETF by 3.2% in the 2nd quarter. Fluent Financial LLC now owns 1,095 shares of the company’s stock valued at $338,000 after purchasing an additional 34 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in iShares Russell 3000 ETF by 1.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,209 shares of the company’s stock valued at $663,000 after purchasing an additional 35 shares during the period. Strategic Blueprint LLC boosted its holdings in iShares Russell 3000 ETF by 0.7% in the 2nd quarter. Strategic Blueprint LLC now owns 4,983 shares of the company’s stock valued at $1,538,000 after purchasing an additional 37 shares during the period. Finally, GPS Wealth Strategies Group LLC boosted its holdings in iShares Russell 3000 ETF by 4.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 821 shares of the company’s stock valued at $253,000 after purchasing an additional 38 shares during the period.

iShares Russell 3000 ETF Trading Up 0.4 %

NYSEARCA IWV traded up $1.24 during trading on Friday, reaching $333.43. The company’s stock had a trading volume of 102,220 shares, compared to its average volume of 169,928. The firm has a 50 day moving average price of $320.86 and a 200 day moving average price of $309.00. iShares Russell 3000 ETF has a 12 month low of $233.54 and a 12 month high of $334.03. The firm has a market capitalization of $15.27 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

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).