Stronghold Wealth Management L.L.C. Makes New Investment in iShares Russell 3000 ETF $IWV

Stronghold Wealth Management L.L.C. bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,548 shares of the company’s stock, valued at approximately $668,000. iShares Russell 3000 ETF makes up about 1.0% of Stronghold Wealth Management L.L.C.’s holdings, making the stock its 27th biggest holding.

A number of other hedge funds have also modified their holdings of the business. Aspiriant LLC acquired a new position in iShares Russell 3000 ETF during the third quarter worth about $8,500,000. Annex Advisory Services LLC acquired a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at about $445,000. BostonPremier Wealth LLC raised its holdings in iShares Russell 3000 ETF by 14.2% in the 3rd quarter. BostonPremier Wealth LLC now owns 895 shares of the company’s stock valued at $387,000 after acquiring an additional 111 shares during the last quarter. Benchmark Financial LLC purchased a new position in iShares Russell 3000 ETF in the 3rd quarter worth approximately $253,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in iShares Russell 3000 ETF in the 3rd quarter worth approximately $5,797,000.

iShares Russell 3000 ETF Stock Down 1.1%

Shares of iShares Russell 3000 ETF stock traded down $4.82 on Friday, hitting $431.94. 519,044 shares of the company were exchanged, compared to its average volume of 240,192. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The company has a 50-day moving average price of $436.30 and a 200 day moving average price of $422.71. iShares Russell 3000 ETF has a 1-year low of $358.55 and a 1-year high of $443.90.

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.