Sequoia Financial Advisors LLC Grows Stock Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Sequoia Financial Advisors LLC raised its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 357.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 12,591 shares of the company’s stock after buying an additional 9,837 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $3,999,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IWV. NBC Securities Inc. purchased a new position in shares of iShares Russell 3000 ETF during the 1st quarter valued at about $31,000. Principal Securities Inc. increased its stake in shares of iShares Russell 3000 ETF by 237.5% in the 4th 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. Garde Capital Inc. purchased a new position in shares of iShares Russell 3000 ETF in the 1st quarter valued at about $44,000. Physician Wealth Advisors Inc. purchased a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $48,000. Finally, Copia Wealth Management purchased a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $64,000.

iShares Russell 3000 ETF Stock Up 0.4%

Shares of iShares Russell 3000 ETF stock opened at $349.21 on Friday. iShares Russell 3000 ETF has a twelve month low of $273.60 and a twelve month high of $350.47. The business has a 50-day moving average price of $330.75 and a 200 day moving average price of $330.59. The firm has a market cap of $15.71 billion, a PE ratio of 24.00 and a beta of 1.02.

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).