GeoWealth Management LLC Boosts Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

GeoWealth Management LLC grew its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 31.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,203 shares of the company’s stock after purchasing an additional 1,485 shares during the period. GeoWealth Management LLC’s holdings in iShares Russell 3000 ETF were worth $2,073,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWV. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $25,000. Principal Securities Inc. raised its stake in shares of iShares Russell 3000 ETF by 237.5% during the 4th quarter. Principal Securities Inc. now owns 108 shares of the company’s stock worth $36,000 after buying an additional 76 shares during the period. Avior Wealth Management LLC lifted its position in shares of iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after buying an additional 71 shares in the last quarter. Physician Wealth Advisors Inc. acquired a new stake in iShares Russell 3000 ETF in the 4th quarter valued at $48,000. Finally, Millstone Evans Group LLC acquired a new position in iShares Russell 3000 ETF during the fourth quarter worth $70,000.

iShares Russell 3000 ETF Stock Up 0.2 %

Shares of NYSEARCA IWV opened at $298.97 on Friday. The firm has a market cap of $13.71 billion, a price-to-earnings ratio of 22.90 and a beta of 1.03. The company’s 50-day simple moving average is $320.79 and its 200-day simple moving average is $332.35. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $350.23.

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).