iShares Russell 3000 ETF $IWV is GM Advisory Group LLC’s 7th Largest Position

GM Advisory Group LLC reduced its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWVFree Report) by 2.4% during the first quarter, HoldingsChannel reports. The firm owned 173,146 shares of the company’s stock after selling 4,211 shares during the period. iShares Russell 3000 ETF comprises 2.5% of GM Advisory Group LLC’s portfolio, making the stock its 7th biggest holding. GM Advisory Group LLC’s holdings in iShares Russell 3000 ETF were worth $64,182,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. HB Wealth Management LLC boosted its position in shares of iShares Russell 3000 ETF by 0.5% during the first quarter. HB Wealth Management LLC now owns 80,307 shares of the company’s stock valued at $29,769,000 after buying an additional 377 shares during the last quarter. Baer Investment Advisory LLC bought a new stake in iShares Russell 3000 ETF in the 1st quarter worth about $209,000. Private Advisor Group LLC raised its position in iShares Russell 3000 ETF by 0.9% in the 1st quarter. Private Advisor Group LLC now owns 14,690 shares of the company’s stock worth $5,445,000 after buying an additional 130 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in iShares Russell 3000 ETF in the 1st quarter worth about $511,000. Finally, Patten Group Inc. lifted its stake in iShares Russell 3000 ETF by 3.1% during the 1st quarter. Patten Group Inc. now owns 1,632 shares of the company’s stock valued at $605,000 after acquiring an additional 49 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV opened at $425.26 on Friday. The company’s 50-day simple moving average is $419.87 and its two-hundred day simple moving average is $398.86. The stock has a market capitalization of $19.65 billion, a P/E ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 52-week low of $351.20 and a 52-week high of $431.32.

iShares Russell 3000 ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares Russell 3000 ETF (NYSEARCA:IWV)

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