iShares Russell 3000 ETF $IWV is SCS Capital Management LLC’s 3rd Largest Position

SCS Capital Management LLC lifted its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,874,800 shares of the company’s stock after purchasing an additional 8,384 shares during the quarter. iShares Russell 3000 ETF accounts for about 7.7% of SCS Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. SCS Capital Management LLC owned 3.98% of iShares Russell 3000 ETF worth $725,266,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. UNC Management Company Inc. raised its stake in shares of iShares Russell 3000 ETF by 0.3% in the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after purchasing an additional 1,506 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Russell 3000 ETF by 16.0% in the second quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock worth $158,217,000 after purchasing an additional 61,982 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Russell 3000 ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 349,410 shares of the company’s stock worth $132,405,000 after purchasing an additional 1,694 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of iShares Russell 3000 ETF by 5.5% in the third quarter. HighTower Advisors LLC now owns 320,850 shares of the company’s stock worth $121,583,000 after purchasing an additional 16,741 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of iShares Russell 3000 ETF by 16.6% in the third quarter. Mercer Global Advisors Inc. ADV now owns 273,239 shares of the company’s stock worth $103,541,000 after purchasing an additional 38,863 shares during the last quarter.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $428.85 on Monday. iShares Russell 3000 ETF has a 1-year low of $331.71 and a 1-year high of $429.65. The business has a fifty day moving average price of $399.42 and a 200-day moving average price of $392.07. The stock has a market capitalization of $19.86 billion, a P/E ratio of 25.11 and a beta of 1.01.

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). 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.