Moneywise Inc. Boosts Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Moneywise Inc. raised its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 85.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,717 shares of the company’s stock after acquiring an additional 15,114 shares during the quarter. iShares Russell 3000 ETF makes up about 5.3% of Moneywise Inc.’s investment portfolio, making the stock its 6th biggest position. Moneywise Inc.’s holdings in iShares Russell 3000 ETF were worth $10,690,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IWV. Financial Connections Group Inc. bought a new stake in iShares Russell 3000 ETF during the second quarter valued at about $37,000. Blue Trust Inc. increased its holdings in shares of iShares Russell 3000 ETF by 384.0% in the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after purchasing an additional 96 shares during the last quarter. Denver PWM LLC bought a new stake in shares of iShares Russell 3000 ETF in the second quarter worth about $42,000. Federated Hermes Inc. increased its holdings in shares of iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after purchasing an additional 81 shares during the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of iShares Russell 3000 ETF in the second quarter worth about $44,000.

iShares Russell 3000 ETF Trading Down 0.4 %

Shares of IWV stock opened at $330.89 on Tuesday. iShares Russell 3000 ETF has a 12-month low of $233.54 and a 12-month high of $334.03. The stock’s 50-day moving average price is $321.44 and its 200-day moving average price is $309.36. The stock has a market capitalization of $15.15 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

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).