Sargent Investment Group LLC Makes New Investment in iShares Russell 3000 ETF (NYSEARCA:IWV)

Sargent Investment Group LLC purchased a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 810 shares of the company’s stock, valued at approximately $250,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fiduciary Management Inc. WI acquired a new position in iShares Russell 3000 ETF in the 4th quarter worth about $2,152,000. Stephens Inc. AR increased its stake in shares of iShares Russell 3000 ETF by 2.4% in the fourth quarter. Stephens Inc. AR now owns 149,247 shares of the company’s stock valued at $40,855,000 after buying an additional 3,530 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in iShares Russell 3000 ETF by 35.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,543 shares of the company’s stock valued at $463,000 after buying an additional 400 shares during the last quarter. Advisory Services Network LLC boosted its position in iShares Russell 3000 ETF by 17.0% during the 4th quarter. Advisory Services Network LLC now owns 10,358 shares of the company’s stock worth $2,835,000 after buying an additional 1,505 shares during the period. Finally, Concurrent Investment Advisors LLC acquired a new stake in iShares Russell 3000 ETF during the 1st quarter worth approximately $320,000.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA IWV opened at $321.01 on Wednesday. The firm has a 50 day moving average price of $313.30 and a two-hundred day moving average price of $304.09. The stock has a market cap of $14.70 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52-week low of $233.54 and a 52-week high of $322.75.

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).