Focus Partners Wealth Has $140.97 Million Stock Position in iShares Russell 3000 ETF $IWV

Focus Partners Wealth grew its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 6.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 364,394 shares of the company’s stock after acquiring an additional 21,635 shares during the period. Focus Partners Wealth’s holdings in iShares Russell 3000 ETF were worth $140,966,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sittner & Nelson LLC acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $25,000. Smithfield Trust Co acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $30,000. LRI Investments LLC acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $39,000. Advocate Investing Services LLC acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $49,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $64,000.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA IWV opened at $422.01 on Friday. The stock has a market capitalization of $19.54 billion, a P/E ratio of 25.11 and a beta of 1.01. The company has a 50-day moving average price of $410.11 and a 200-day moving average price of $395.10. iShares Russell 3000 ETF has a 1 year low of $336.42 and a 1 year high of $431.32.

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.