New England Private Wealth Advisors LLC Raises Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

New England Private Wealth Advisors LLC raised its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 10.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,321 shares of the company’s stock after purchasing an additional 510 shares during the period. New England Private Wealth Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $1,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWV. International Assets Investment Management LLC raised its position in iShares Russell 3000 ETF by 26,676.1% during the fourth quarter. International Assets Investment Management LLC now owns 674,222 shares of the company’s stock valued at $184,562,000 after purchasing an additional 671,704 shares during the period. Corient Private Wealth LLC grew its stake in shares of iShares Russell 3000 ETF by 184.8% during the third quarter. Corient Private Wealth LLC now owns 534,942 shares of the company’s stock valued at $131,093,000 after buying an additional 347,103 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares Russell 3000 ETF by 17.0% during the third quarter. Morgan Stanley now owns 1,222,269 shares of the company’s stock valued at $299,530,000 after buying an additional 177,372 shares during the last quarter. TIAA Trust National Association bought a new position in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $40,004,000. Finally, HighTower Advisors LLC grew its stake in shares of iShares Russell 3000 ETF by 90.7% during the third quarter. HighTower Advisors LLC now owns 211,386 shares of the company’s stock valued at $51,795,000 after buying an additional 100,520 shares during the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of IWV traded up $2.85 during mid-day trading on Friday, reaching $290.72. 102,669 shares of the company’s stock traded hands, compared to its average volume of 245,503. The stock has a market cap of $13.21 billion, a P/E ratio of 23.89 and a beta of 1.03. The stock’s 50-day moving average is $292.82 and its two-hundred day moving average is $274.30. iShares Russell 3000 ETF has a 12 month low of $231.02 and a 12 month high of $300.72.

About iShares Russell 3000 ETF

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).