Opes Wealth Management LLC Buys Shares of 640 iShares Russell 3000 ETF (NYSEARCA:IWV)

Opes Wealth Management LLC bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, HoldingsChannel reports. The fund bought 640 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Principal Securities Inc. grew its stake in iShares Russell 3000 ETF by 237.5% in the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after acquiring an additional 76 shares during the period. Everhart Financial Group Inc. grew its stake in iShares Russell 3000 ETF by 209.3% in the fourth quarter. Everhart Financial Group Inc. now owns 18,986 shares of the company’s stock valued at $6,346,000 after acquiring an additional 12,847 shares during the period. Rhumbline Advisers boosted its position in shares of iShares Russell 3000 ETF by 233.4% during the fourth quarter. Rhumbline Advisers now owns 59,165 shares of the company’s stock worth $19,776,000 after buying an additional 41,419 shares during the period. Campbell Wealth Management boosted its position in shares of iShares Russell 3000 ETF by 1.9% during the fourth quarter. Campbell Wealth Management now owns 62,225 shares of the company’s stock worth $20,799,000 after buying an additional 1,186 shares during the period. Finally, Catalyst Financial Partners LLC acquired a new position in shares of iShares Russell 3000 ETF during the fourth quarter worth about $1,332,000.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $348.51 on Friday. The stock has a market capitalization of $15.96 billion, a P/E ratio of 24.59 and a beta of 1.03. The business has a 50-day moving average of $341.85 and a 200-day moving average of $331.24. iShares Russell 3000 ETF has a fifty-two week low of $282.38 and a fifty-two week high of $349.54.

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).