Bayshore Capital Advisors LLC Makes New Investment in iShares Russell 3000 ETF $IWV

Bayshore Capital Advisors LLC bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the third quarter, HoldingsChannel reports. The institutional investor bought 2,301 shares of the company’s stock, valued at approximately $993,000. iShares Russell 3000 ETF accounts for 0.5% of Bayshore Capital Advisors LLC’s holdings, making the stock its 22nd biggest holding.

Several other large investors have also made changes to their positions in IWV. Bank of America Corp DE raised its position in iShares Russell 3000 ETF by 11.4% in the first quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock worth $342,336,000 after acquiring an additional 94,283 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in iShares Russell 3000 ETF by 8.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 170,528 shares of the company’s stock valued at $63,211,000 after purchasing an additional 13,647 shares during the period. Calamos Wealth Management LLC bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter worth about $68,908,000. Calamos Advisors LLC purchased a new stake in iShares Russell 3000 ETF in the first quarter worth $57,055,000. Finally, Fifth Third Bancorp boosted its stake in shares of iShares Russell 3000 ETF by 118.6% in the 1st quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock valued at $54,356,000 after purchasing an additional 79,570 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.3%

Shares of NYSEARCA IWV opened at $417.92 on Friday. The firm has a 50 day moving average of $434.13 and a 200 day moving average of $414.95. The firm has a market capitalization of $19.77 billion, a price-to-earnings ratio of 23.45 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $358.55 and a 12-month high of $443.90.

iShares Russell 3000 ETF Company Profile

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.