Bayshore Capital Advisors LLC purchased a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 2,301 shares of the company’s stock, valued at approximately $890,000. iShares Russell 3000 ETF accounts for about 0.4% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 18th largest position.
A number of other hedge funds also recently made changes to their positions in the stock. UNC Management Company Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 0.3% in the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after purchasing an additional 61,982 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Russell 3000 ETF by 0.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 349,410 shares of the company’s stock valued at $132,405,000 after acquiring an additional 1,694 shares during the period. HighTower Advisors LLC raised its stake in shares of iShares Russell 3000 ETF by 5.5% in the 3rd quarter. HighTower Advisors LLC now owns 320,850 shares of the company’s stock valued at $121,583,000 after acquiring an additional 16,741 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of iShares Russell 3000 ETF by 16.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 273,239 shares of the company’s stock valued at $103,541,000 after acquiring an additional 38,863 shares during the period.
iShares Russell 3000 ETF Trading Up 0.5%
Shares of IWV stock opened at $420.07 on Thursday. The company’s fifty day simple moving average is $389.91 and its 200-day simple moving average is $388.98. iShares Russell 3000 ETF has a 52 week low of $327.25 and a 52 week high of $420.96. The company has a market cap of $19.45 billion, a PE ratio of 25.11 and a beta of 1.01.
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.
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Want to see what other hedge funds are holding IWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 3000 ETF (NYSEARCA:IWV – Free Report).
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