Commonwealth Equity Services LLC Acquires New Holdings in iShares Russell 3000 ETF $IWV

Commonwealth Equity Services LLC purchased a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 102,696 shares of the company’s stock, valued at approximately $44,330,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWV. Bank of America Corp DE increased its position in iShares Russell 3000 ETF by 11.4% during the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock worth $342,336,000 after buying an additional 94,283 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of iShares Russell 3000 ETF by 8.7% during the first quarter. Geneos Wealth Management Inc. now owns 170,528 shares of the company’s stock worth $63,211,000 after buying an additional 13,647 shares in the last quarter. Calamos Advisors LLC bought a new stake in shares of iShares Russell 3000 ETF in the first quarter valued at about $57,055,000. Fifth Third Bancorp boosted its position in shares of iShares Russell 3000 ETF by 118.6% in the first quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock valued at $54,356,000 after acquiring an additional 79,570 shares during the period. Finally, Heck Capital Advisors LLC boosted its position in shares of iShares Russell 3000 ETF by 10,736.3% in the second quarter. Heck Capital Advisors LLC now owns 124,292 shares of the company’s stock valued at $52,998,000 after acquiring an additional 123,145 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $417.92 on Friday. iShares Russell 3000 ETF has a 1 year low of $358.55 and a 1 year high of $443.90. The company has a market capitalization of $19.77 billion, a P/E ratio of 23.45 and a beta of 1.01. The business’s 50 day simple moving average is $434.13 and its 200 day simple moving average is $414.95.

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.