Beacon Capital Management LLC Has $62,000 Stock Holdings in iShares Russell 3000 ETF $IWV

Beacon Capital Management LLC increased its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 96.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 175 shares of the company’s stock after buying an additional 86 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares Russell 3000 ETF were worth $62,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWV. NorthRock Partners LLC acquired a new stake in iShares Russell 3000 ETF during the first quarter valued at approximately $25,000. Proathlete Wealth Management LLC acquired a new stake in iShares Russell 3000 ETF during the second quarter valued at approximately $27,000. NBC Securities Inc. acquired a new stake in iShares Russell 3000 ETF during the first quarter valued at approximately $31,000. Hughes Financial Services LLC acquired a new stake in iShares Russell 3000 ETF during the first quarter valued at approximately $34,000. Finally, Garde Capital Inc. acquired a new stake in iShares Russell 3000 ETF during the first quarter valued at approximately $44,000.

iShares Russell 3000 ETF Trading Up 0.7%

NYSEARCA IWV opened at $376.80 on Monday. The stock’s 50 day moving average is $366.72 and its two-hundred day moving average is $341.64. The company has a market capitalization of $16.99 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $380.18.

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).