Strategic Investment Management LLC Has $5.40 Million Stock Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Strategic Investment Management LLC lifted its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,520 shares of the company’s stock after acquiring an additional 120 shares during the period. iShares Russell 3000 ETF makes up approximately 5.7% of Strategic Investment Management LLC’s portfolio, making the stock its 7th biggest position. Strategic Investment Management LLC’s holdings in iShares Russell 3000 ETF were worth $5,398,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IWV. Park Avenue Securities LLC lifted its position in shares of iShares Russell 3000 ETF by 48.6% during the 1st quarter. Park Avenue Securities LLC now owns 1,309 shares of the company’s stock worth $393,000 after buying an additional 428 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Russell 3000 ETF by 2.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,242 shares of the company’s stock valued at $3,674,000 after buying an additional 268 shares during the period. Cornerstone Wealth Group LLC bought a new position in shares of iShares Russell 3000 ETF during the first quarter valued at about $235,000. Leonard Rickey Investment Advisors P.L.L.C. bought a new position in shares of iShares Russell 3000 ETF during the first quarter valued at about $263,000. Finally, Naviter Wealth LLC bought a new position in iShares Russell 3000 ETF in the first quarter worth about $204,000.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $329.49 on Monday. The company has a market cap of $15.09 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 1 year low of $233.54 and a 1 year high of $334.03. The firm has a 50-day moving average of $322.90 and a 200 day moving average of $310.30.

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).