Park Avenue Securities LLC Purchases 2,987 Shares of iShares Russell 3000 ETF $IWV

Park Avenue Securities LLC acquired a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,987 shares of the company’s stock, valued at approximately $1,289,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its position in iShares Russell 3000 ETF by 11.4% in the first quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock worth $342,336,000 after purchasing an additional 94,283 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of iShares Russell 3000 ETF by 8.7% in the first quarter. Geneos Wealth Management Inc. now owns 170,528 shares of the company’s stock worth $63,211,000 after buying an additional 13,647 shares during the period. Stephens Inc. AR grew its stake in iShares Russell 3000 ETF by 4.5% during the 1st quarter. Stephens Inc. AR now owns 164,161 shares of the company’s stock valued at $60,851,000 after acquiring an additional 7,105 shares in the last quarter. Calamos Advisors LLC purchased a new position in iShares Russell 3000 ETF during the first quarter valued at approximately $57,055,000. Finally, Fifth Third Bancorp lifted its position in iShares Russell 3000 ETF by 118.6% in the 1st quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock worth $54,356,000 after buying an additional 79,570 shares in the last quarter.

iShares Russell 3000 ETF Stock Down 0.5%

Shares of NYSEARCA:IWV opened at $426.99 on Tuesday. The firm has a fifty day moving average of $435.10 and a two-hundred day moving average of $414.29. The firm has a market capitalization of $20.15 billion, a P/E ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $358.55 and a 12-month 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.