Pennington Partners & CO. LLC Raises Stock Holdings in iShares Russell 3000 ETF $IWV

Pennington Partners & CO. LLC raised its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 14.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 112,105 shares of the company’s stock after buying an additional 14,432 shares during the quarter. iShares Russell 3000 ETF comprises 14.2% of Pennington Partners & CO. LLC’s portfolio, making the stock its 3rd biggest position. Pennington Partners & CO. LLC’s holdings in iShares Russell 3000 ETF were worth $41,555,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. McLean Asset Management Corp grew its holdings in iShares Russell 3000 ETF by 1.8% during the fourth quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock valued at $689,000 after purchasing an additional 31 shares during the period. Harvest Investment Services LLC raised its holdings in iShares Russell 3000 ETF by 0.6% in the third quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock worth $1,919,000 after purchasing an additional 32 shares during the period. Pittenger & Anderson Inc. raised its holdings in iShares Russell 3000 ETF by 8.4% in the first quarter. Pittenger & Anderson Inc. now owns 428 shares of the company’s stock worth $159,000 after purchasing an additional 33 shares during the period. Modera Wealth Management LLC boosted its position in shares of iShares Russell 3000 ETF by 0.6% during the first quarter. Modera Wealth Management LLC now owns 6,264 shares of the company’s stock worth $2,322,000 after purchasing an additional 35 shares in the last quarter. Finally, Klingenstein Fields & Co. LP boosted its position in shares of iShares Russell 3000 ETF by 0.3% during the fourth quarter. Klingenstein Fields & Co. LP now owns 14,900 shares of the company’s stock worth $5,764,000 after purchasing an additional 38 shares in the last quarter.

iShares Russell 3000 ETF Stock Down 1.1%

Shares of IWV stock opened at $420.38 on Friday. iShares Russell 3000 ETF has a 12-month low of $351.69 and a 12-month high of $431.32. The firm has a fifty day moving average of $423.71 and a 200-day moving average of $402.70. The firm has a market capitalization of $19.42 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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.