NewEdge Advisors LLC Has $6.11 Million Position in iShares Russell 3000 ETF $IWV

NewEdge Advisors LLC lessened its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 16.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,476 shares of the company’s stock after selling 3,169 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $6,107,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. American Family Investments Inc. lifted its holdings in iShares Russell 3000 ETF by 687.5% during the 4th quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock valued at $105,161,000 after purchasing an additional 237,322 shares during the last quarter. Align Financial LLC acquired a new stake in shares of iShares Russell 3000 ETF during the fourth quarter worth approximately $69,589,000. Beacon Pointe Advisors LLC raised its stake in shares of iShares Russell 3000 ETF by 1,265.2% in the fourth quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock valued at $67,386,000 after acquiring an additional 161,432 shares during the last quarter. Calamos Advisors LLC bought a new position in shares of iShares Russell 3000 ETF in the first quarter valued at approximately $57,055,000. Finally, Brown Advisory Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 345.6% in the 4th quarter. Brown Advisory Inc. now owns 159,824 shares of the company’s stock worth $61,828,000 after acquiring an additional 123,953 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $440.16 on Tuesday. The business has a fifty day moving average price of $425.28 and a 200 day moving average price of $405.77. iShares Russell 3000 ETF has a fifty-two week low of $358.55 and a fifty-two week high of $442.06. The stock has a market capitalization of $20.34 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.