Cornerstone Wealth Group LLC Takes $235,000 Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Cornerstone Wealth Group LLC bought a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 782 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Stifel Financial Corp lifted its position in iShares Russell 3000 ETF by 6.3% in the third quarter. Stifel Financial Corp now owns 22,472 shares of the company’s stock worth $5,507,000 after buying an additional 1,341 shares during the last quarter. Glenmede Trust Co. NA lifted its position in iShares Russell 3000 ETF by 28.2% in the third quarter. Glenmede Trust Co. NA now owns 41,547 shares of the company’s stock worth $10,182,000 after buying an additional 9,144 shares during the last quarter. Lakeshore Financial Planning Inc. bought a new stake in iShares Russell 3000 ETF in the third quarter worth $2,497,000. Scotia Capital Inc. bought a new stake in iShares Russell 3000 ETF in the third quarter worth $490,000. Finally, Mercer Global Advisors Inc. ADV lifted its position in iShares Russell 3000 ETF by 0.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 192,346 shares of the company’s stock worth $47,136,000 after buying an additional 780 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 0.4 %

IWV traded down $1.23 during trading on Friday, reaching $308.67. The company had a trading volume of 349,872 shares, compared to its average volume of 200,355. The stock has a market cap of $14.14 billion, a P/E ratio of 24.59 and a beta of 1.03. The business has a 50 day simple moving average of $300.42 and a 200-day simple moving average of $290.15. iShares Russell 3000 ETF has a 52 week low of $233.54 and a 52 week high of $312.07.

iShares Russell 3000 ETF Company 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).