Geneos Wealth Management Inc. Increases Stock Holdings in iShares Russell 3000 ETF $IWV

Geneos Wealth Management Inc. lifted its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 16.7% in the 4th quarter, HoldingsChannel reports. The fund owned 156,881 shares of the company’s stock after purchasing an additional 22,437 shares during the quarter. iShares Russell 3000 ETF comprises 1.5% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position. Geneos Wealth Management Inc.’s holdings in iShares Russell 3000 ETF were worth $60,689,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. First Horizon Corp purchased a new stake in shares of iShares Russell 3000 ETF during the third quarter valued at about $15,623,000. Allspring Global Investments Holdings LLC lifted its position in iShares Russell 3000 ETF by 9.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 27,651 shares of the company’s stock valued at $10,478,000 after acquiring an additional 2,328 shares during the last quarter. First National Trust Co boosted its stake in iShares Russell 3000 ETF by 4.2% in the third quarter. First National Trust Co now owns 38,430 shares of the company’s stock valued at $14,563,000 after acquiring an additional 1,557 shares in the last quarter. Brookstone Capital Management grew its holdings in iShares Russell 3000 ETF by 4.0% in the third quarter. Brookstone Capital Management now owns 55,288 shares of the company’s stock worth $20,951,000 after purchasing an additional 2,133 shares during the last quarter. Finally, Fiduciary Wealth Partners LLC increased its position in shares of iShares Russell 3000 ETF by 144.6% during the third quarter. Fiduciary Wealth Partners LLC now owns 9,235 shares of the company’s stock worth $3,500,000 after purchasing an additional 5,460 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

iShares Russell 3000 ETF stock opened at $403.33 on Friday. iShares Russell 3000 ETF has a 1-year low of $304.48 and a 1-year high of $405.83. The business has a fifty day moving average price of $384.69 and a 200-day moving average price of $386.09. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

iShares Russell 3000 ETF 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.