Brevan Howard Capital Management LP Buys New Position in iShares Russell 3000 ETF $IWV

Brevan Howard Capital Management LP purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 41,937 shares of the company’s stock, valued at approximately $15,814,000. Brevan Howard Capital Management LP owned about 0.09% of iShares Russell 3000 ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC raised its stake in iShares Russell 3000 ETF by 15.5% during the first quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock worth $2,590,000 after buying an additional 1,095 shares during the last quarter. AE Wealth Management LLC grew its holdings in iShares Russell 3000 ETF by 15.9% during the 2nd quarter. AE Wealth Management LLC now owns 1,023 shares of the company’s stock worth $359,000 after acquiring an additional 140 shares during the period. Allworth Financial LP raised its position in shares of iShares Russell 3000 ETF by 6.8% in the 2nd quarter. Allworth Financial LP now owns 2,376 shares of the company’s stock worth $834,000 after acquiring an additional 151 shares in the last quarter. Creative Planning lifted its stake in shares of iShares Russell 3000 ETF by 0.4% in the 2nd quarter. Creative Planning now owns 36,493 shares of the company’s stock valued at $12,809,000 after purchasing an additional 163 shares during the period. Finally, Cedar Wealth Management LLC lifted its stake in shares of iShares Russell 3000 ETF by 16.8% in the 2nd quarter. Cedar Wealth Management LLC now owns 18,025 shares of the company’s stock valued at $6,327,000 after purchasing an additional 2,591 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of iShares Russell 3000 ETF stock opened at $376.11 on Friday. The stock’s 50-day moving average is $390.69 and its 200 day moving average is $384.43. iShares Russell 3000 ETF has a one year low of $273.60 and a one year high of $397.05. The firm has a market cap of $17.70 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02.

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.