Lido Advisors LLC Makes New $114.54 Million Investment in iShares Russell 3000 ETF $IWV

Lido Advisors LLC acquired a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 265,348 shares of the company’s stock, valued at approximately $114,541,000. Lido Advisors LLC owned approximately 0.56% of iShares Russell 3000 ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. RMG Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the 1st quarter worth $35,000. Bangor Savings Bank purchased a new stake in shares of iShares Russell 3000 ETF in the third quarter valued at about $37,000. Angeles Wealth Management LLC bought a new position in shares of iShares Russell 3000 ETF during the first quarter valued at about $44,000. Horizons Wealth Management bought a new position in shares of iShares Russell 3000 ETF during the third quarter valued at about $50,000. Finally, Center for Financial Planning Inc. bought a new position in shares of iShares Russell 3000 ETF during the third quarter valued at about $57,000.

iShares Russell 3000 ETF Stock Performance

iShares Russell 3000 ETF stock opened at $426.64 on Wednesday. iShares Russell 3000 ETF has a fifty-two week low of $358.55 and a fifty-two week high of $443.90. The stock has a market cap of $20.12 billion, a PE ratio of 23.45 and a beta of 1.01. The firm’s 50-day simple moving average is $433.75 and its 200 day simple moving average is $415.30.

iShares Russell 3000 ETF Company 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.