Elevation Point Wealth Partners LLC Makes New Investment in iShares Russell 3000 ETF $IWV

Elevation Point Wealth Partners LLC bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,378 shares of the company’s stock, valued at approximately $511,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWV. AQR Capital Management LLC boosted its stake in iShares Russell 3000 ETF by 15.5% during the 1st quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock worth $2,590,000 after purchasing an additional 1,095 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in iShares Russell 3000 ETF during the 2nd quarter valued at about $210,000. Quantinno Capital Management LP grew its stake in iShares Russell 3000 ETF by 22.9% during the 2nd quarter. Quantinno Capital Management LP now owns 20,872 shares of the company’s stock valued at $7,326,000 after acquiring an additional 3,886 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares Russell 3000 ETF by 7.1% in the second quarter. Raymond James Financial Inc. now owns 151,857 shares of the company’s stock valued at $53,302,000 after purchasing an additional 10,009 shares during the last quarter. Finally, UNC Management Company Inc. lifted its position in iShares Russell 3000 ETF by 0.3% during the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after buying an additional 1,506 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

NYSEARCA IWV opened at $424.96 on Thursday. iShares Russell 3000 ETF has a fifty-two week low of $351.20 and a fifty-two week high of $431.32. The stock’s fifty day moving average is $421.14 and its two-hundred day moving average is $399.87. The firm has a market capitalization of $19.63 billion, a P/E ratio of 25.11 and a beta of 1.01.

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). 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.