RMR Wealth Builders Invests $205,000 in iShares Russell 3000 ETF (NYSEARCA:IWV)

RMR Wealth Builders purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 749 shares of the company’s stock, valued at approximately $205,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its position in shares of iShares Russell 3000 ETF by 26,676.1% in the fourth quarter. International Assets Investment Management LLC now owns 674,222 shares of the company’s stock worth $184,562,000 after acquiring an additional 671,704 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of iShares Russell 3000 ETF by 184.8% in the third quarter. Corient Private Wealth LLC now owns 534,942 shares of the company’s stock worth $131,093,000 after acquiring an additional 347,103 shares during the last quarter. Morgan Stanley boosted its position in shares of iShares Russell 3000 ETF by 17.0% in the third quarter. Morgan Stanley now owns 1,222,269 shares of the company’s stock worth $299,530,000 after acquiring an additional 177,372 shares during the last quarter. TIAA Trust National Association acquired a new stake in shares of iShares Russell 3000 ETF in the third quarter worth approximately $40,004,000. Finally, HighTower Advisors LLC lifted its position in iShares Russell 3000 ETF by 90.7% during the third quarter. HighTower Advisors LLC now owns 211,386 shares of the company’s stock valued at $51,795,000 after buying an additional 100,520 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

IWV stock traded down $0.21 during midday trading on Wednesday, reaching $295.77. 32,952 shares of the company’s stock traded hands, compared to its average volume of 232,950. The company has a market capitalization of $13.44 billion, a P/E ratio of 23.89 and a beta of 1.03. iShares Russell 3000 ETF has a fifty-two week low of $233.54 and a fifty-two week high of $300.72. The business has a 50-day moving average price of $293.24 and a two-hundred day moving average price of $276.87.

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).