Quantitative Advantage LLC Has $37.97 Million Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Quantitative Advantage LLC boosted its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 69.5% during the first quarter, Holdings Channel reports. The firm owned 160,050 shares of the company’s stock after acquiring an additional 65,611 shares during the quarter. iShares Russell 3000 ETF makes up about 7.4% of Quantitative Advantage LLC’s investment portfolio, making the stock its 2nd biggest position. Quantitative Advantage LLC’s holdings in iShares Russell 3000 ETF were worth $37,969,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Mcmillion Capital Management Inc. purchased a new position in iShares Russell 3000 ETF during the 4th quarter valued at about $53,000. Intercontinental Wealth Advisors LLC grew its stake in shares of iShares Russell 3000 ETF by 1,276.5% in the 4th quarter. Intercontinental Wealth Advisors LLC now owns 70,065 shares of the company’s stock worth $15,663,000 after buying an additional 64,975 shares during the last quarter. Ipswich Investment Management Co. Inc. grew its stake in shares of iShares Russell 3000 ETF by 6.7% in the 1st quarter. Ipswich Investment Management Co. Inc. now owns 38,954 shares of the company’s stock worth $9,241,000 after buying an additional 2,432 shares during the last quarter. Sax Wealth Advisors LLC purchased a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth approximately $2,569,000. Finally, Penobscot Investment Management Company Inc. purchased a new stake in shares of iShares Russell 3000 ETF in the 1st quarter worth approximately $224,000.

Shares of iShares Russell 3000 ETF stock traded up $0.10 during midday trading on Friday, hitting $252.57. The company had a trading volume of 504 shares, compared to its average volume of 160,832. The firm has a 50 day moving average price of $248.16. iShares Russell 3000 ETF has a 52-week low of $171.89 and a 52-week high of $253.12.

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).

Read More: Balanced Fund

Want to see what other hedge funds are holding IWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 3000 ETF (NYSEARCA:IWV).

Institutional Ownership by Quarter for iShares Russell 3000 ETF (NYSEARCA:IWV)

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