GM Advisory Group LLC Grows Stock Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

GM Advisory Group LLC increased its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.7% during the fourth quarter, Holdings Channel reports. The firm owned 183,594 shares of the company’s stock after purchasing an additional 1,326 shares during the period. iShares Russell 3000 ETF makes up 3.4% of GM Advisory Group LLC’s portfolio, making the stock its 5th largest holding. GM Advisory Group LLC’s holdings in iShares Russell 3000 ETF were worth $61,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in IWV. Yardley Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter worth approximately $1,967,000. Commerce Bank raised its holdings in shares of iShares Russell 3000 ETF by 1.9% during the third quarter. Commerce Bank now owns 161,468 shares of the company’s stock valued at $52,756,000 after acquiring an additional 2,975 shares during the period. Citizens Financial Group Inc. RI raised its holdings in shares of iShares Russell 3000 ETF by 6.7% during the third quarter. Citizens Financial Group Inc. RI now owns 49,814 shares of the company’s stock valued at $16,276,000 after acquiring an additional 3,108 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Russell 3000 ETF by 3.0% during the third quarter. LPL Financial LLC now owns 469,157 shares of the company’s stock valued at $153,288,000 after acquiring an additional 13,814 shares during the period. Finally, Meridian Wealth Management LLC acquired a new stake in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $432,000.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $318.11 on Wednesday. iShares Russell 3000 ETF has a 52-week low of $282.38 and a 52-week high of $350.23. The company’s 50 day simple moving average is $337.94 and its 200-day simple moving average is $334.67. The firm has a market capitalization of $14.51 billion, a P/E ratio of 24.60 and a beta of 1.04.

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).