Pennington Partners & CO. LLC Invests $34.52 Million in iShares Russell 3000 ETF (NYSEARCA:IWV)

Pennington Partners & CO. LLC bought a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 103,270 shares of the company’s stock, valued at approximately $34,518,000. iShares Russell 3000 ETF accounts for about 17.1% of Pennington Partners & CO. LLC’s investment portfolio, making the stock its 2nd largest position. Pennington Partners & CO. LLC owned 0.23% of iShares Russell 3000 ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Bank of Jackson Hole Trust purchased a new stake in iShares Russell 3000 ETF during the fourth quarter worth $25,000. Principal Securities Inc. boosted its position in iShares Russell 3000 ETF by 237.5% during the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after purchasing an additional 76 shares in the last quarter. Avior Wealth Management LLC grew its stake in iShares Russell 3000 ETF by 126.8% in the fourth quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after purchasing an additional 71 shares during the last quarter. Physician Wealth Advisors Inc. bought a new position in iShares Russell 3000 ETF in the fourth quarter worth about $48,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $70,000.

iShares Russell 3000 ETF Stock Up 0.7 %

Shares of iShares Russell 3000 ETF stock opened at $317.10 on Friday. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $350.23. The firm’s 50 day moving average price is $314.00 and its 200-day moving average price is $331.24. The company has a market cap of $14.54 billion, a P/E ratio of 22.90 and a beta of 1.03.

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).