O Shaughnessy Asset Management LLC Boosts Stock Position in iShares Russell 3000 ETF $IWV

O Shaughnessy Asset Management LLC raised its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 76.6% in the 4th quarter, Holdings Channel reports. The fund owned 21,025 shares of the company’s stock after acquiring an additional 9,118 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in iShares Russell 3000 ETF were worth $8,134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. McLean Asset Management Corp raised its stake in iShares Russell 3000 ETF by 1.8% during the 4th quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock valued at $689,000 after acquiring an additional 31 shares during the last quarter. Harvest Investment Services LLC raised its stake in iShares Russell 3000 ETF by 0.6% during the 3rd quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock valued at $1,919,000 after acquiring an additional 32 shares during the last quarter. Synovus Financial Corp raised its stake in iShares Russell 3000 ETF by 0.7% during the 3rd quarter. Synovus Financial Corp now owns 4,904 shares of the company’s stock valued at $1,859,000 after acquiring an additional 34 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of iShares Russell 3000 ETF by 0.9% during the 4th quarter. Sanctuary Advisors LLC now owns 4,617 shares of the company’s stock worth $1,786,000 after buying an additional 42 shares in the last quarter. Finally, NewEdge Wealth LLC raised its stake in shares of iShares Russell 3000 ETF by 0.7% during the 4th quarter. NewEdge Wealth LLC now owns 7,887 shares of the company’s stock worth $3,051,000 after buying an additional 57 shares in the last quarter.

iShares Russell 3000 ETF Trading Down 1.5%

Shares of IWV stock opened at $412.58 on Thursday. The company has a market cap of $19.10 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The stock has a 50 day simple moving average of $408.16 and a 200-day simple moving average of $394.59. iShares Russell 3000 ETF has a 12-month low of $336.42 and a 12-month high of $431.32.

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.