SVB Wealth LLC Takes $616,000 Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

SVB Wealth LLC acquired a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,842 shares of the company’s stock, valued at approximately $616,000.

A number of other institutional investors have also recently made changes to their positions in the company. Grant GrossMendelsohn LLC grew its position in shares of iShares Russell 3000 ETF by 3.2% during the fourth quarter. Grant GrossMendelsohn LLC now owns 1,135 shares of the company’s stock valued at $379,000 after purchasing an additional 35 shares in the last quarter. Sunbelt Securities Inc. increased its position in iShares Russell 3000 ETF by 36.0% in the third quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after purchasing an additional 36 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its position in iShares Russell 3000 ETF by 3.4% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,167 shares of the company’s stock worth $390,000 after purchasing an additional 38 shares during the last quarter. Linscomb Wealth Inc. increased its position in iShares Russell 3000 ETF by 3.1% in the fourth quarter. Linscomb Wealth Inc. now owns 1,375 shares of the company’s stock worth $460,000 after purchasing an additional 41 shares during the last quarter. Finally, Dakota Wealth Management increased its position in iShares Russell 3000 ETF by 0.7% in the fourth quarter. Dakota Wealth Management now owns 6,732 shares of the company’s stock worth $2,250,000 after purchasing an additional 44 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV opened at $332.03 on Tuesday. The company’s fifty day moving average is $341.61 and its 200 day moving average is $334.43. iShares Russell 3000 ETF has a fifty-two week low of $282.38 and a fifty-two week high of $350.23. The stock has a market capitalization of $15.17 billion, a PE ratio of 26.45 and a beta of 1.04.

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).