iShares Russell 3000 ETF (NYSEARCA:IWV) Stake Increased by NewEdge Wealth LLC

NewEdge Wealth LLC increased its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 184.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,937 shares of the company’s stock after buying an additional 5,145 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell 3000 ETF were worth $2,653,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWV. Strategic Financial Concepts LLC boosted its holdings in iShares Russell 3000 ETF by 33,356.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 238,877 shares of the company’s stock worth $79,845,000 after purchasing an additional 238,163 shares during the period. Strategic Investment Management LLC boosted its holdings in iShares Russell 3000 ETF by 706.7% in the fourth quarter. Strategic Investment Management LLC now owns 133,261 shares of the company’s stock worth $44,542,000 after purchasing an additional 116,741 shares during the period. Finley Financial LLC acquired a new position in iShares Russell 3000 ETF in the fourth quarter worth $24,021,000. Campbell Wealth Management acquired a new position in iShares Russell 3000 ETF in the third quarter worth $19,943,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in iShares Russell 3000 ETF in the fourth quarter worth $20,322,000.

iShares Russell 3000 ETF Price Performance

iShares Russell 3000 ETF stock opened at $338.01 on Friday. iShares Russell 3000 ETF has a 12 month low of $282.38 and a 12 month high of $350.23. The company has a market cap of $15.45 billion, a PE ratio of 26.45 and a beta of 1.04. The company has a fifty day moving average price of $341.75 and a two-hundred day moving average price of $333.95.

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).