Concurrent Investment Advisors LLC Purchases 61,949 Shares of iShares Russell 3000 ETF $IWV

Concurrent Investment Advisors LLC grew its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 6,079.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 62,968 shares of the company’s stock after acquiring an additional 61,949 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $22,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IWV. NorthRock Partners LLC bought a new position in shares of iShares Russell 3000 ETF during the 1st quarter valued at $25,000. Proathlete Wealth Management LLC bought a new stake in iShares Russell 3000 ETF during the second quarter valued at about $27,000. NBC Securities Inc. bought a new stake in iShares Russell 3000 ETF during the first quarter valued at about $31,000. Hughes Financial Services LLC bought a new stake in iShares Russell 3000 ETF during the first quarter valued at about $34,000. Finally, Garde Capital Inc. bought a new stake in iShares Russell 3000 ETF during the first quarter valued at about $44,000.

iShares Russell 3000 ETF Stock Down 2.7%

NYSEARCA:IWV opened at $371.33 on Friday. The business’s 50-day simple moving average is $370.77 and its two-hundred day simple moving average is $345.48. The stock has a market cap of $16.78 billion, a PE ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 52 week low of $273.60 and a 52 week high of $383.30.

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).