Balentine LLC Boosts Holdings in iShares Russell 3000 ETF $IWV

Balentine LLC grew its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 49,094 shares of the company’s stock after purchasing an additional 129 shares during the period. iShares Russell 3000 ETF accounts for 0.7% of Balentine LLC’s holdings, making the stock its 16th largest position. Balentine LLC’s holdings in iShares Russell 3000 ETF were worth $17,232,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IWV. Calamos Wealth Management LLC grew its stake in shares of iShares Russell 3000 ETF by 13.3% in the 1st quarter. Calamos Wealth Management LLC now owns 189,946 shares of the company’s stock valued at $60,334,000 after buying an additional 22,251 shares during the period. Wayfinding Financial LLC purchased a new stake in shares of iShares Russell 3000 ETF in the 1st quarter valued at approximately $185,000. Bank of New York Mellon Corp grew its stake in shares of iShares Russell 3000 ETF by 3.3% in the 1st quarter. Bank of New York Mellon Corp now owns 319,067 shares of the company’s stock valued at $101,348,000 after buying an additional 10,271 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new stake in shares of iShares Russell 3000 ETF in the 1st quarter valued at approximately $530,000. Finally, One Day In July LLC grew its stake in shares of iShares Russell 3000 ETF by 6.1% in the 1st quarter. One Day In July LLC now owns 24,233 shares of the company’s stock valued at $7,697,000 after buying an additional 1,385 shares during the period.

iShares Russell 3000 ETF Price Performance

iShares Russell 3000 ETF stock opened at $387.08 on Friday. The firm has a 50 day simple moving average of $376.74 and a 200-day simple moving average of $353.66. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $391.17. The stock has a market cap of $17.42 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02.

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).