Steelhead Wealth Management LLC Invests $884,000 in iShares Russell 3000 ETF $IWV

Steelhead Wealth Management LLC purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,387 shares of the company’s stock, valued at approximately $884,000.

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

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $424.87 on Monday. iShares Russell 3000 ETF has a 1 year low of $351.69 and a 1 year high of $431.32. The stock has a market capitalization of $19.63 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock has a 50-day simple moving average of $423.98 and a 200-day simple moving average of $403.88.

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.