Tepp RIA LLC Purchases New Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Tepp RIA LLC acquired a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,714 shares of the company’s stock, valued at approximately $573,000. iShares Russell 3000 ETF accounts for approximately 0.8% of Tepp RIA LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of Jackson Hole Trust purchased a new position in iShares Russell 3000 ETF in the 4th quarter worth approximately $25,000. Truvestments Capital LLC purchased a new position in shares of iShares Russell 3000 ETF in the third quarter valued at $33,000. Principal Securities Inc. grew its holdings in iShares Russell 3000 ETF by 237.5% during the 4th quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after purchasing an additional 76 shares in the last quarter. Avior Wealth Management LLC increased its stake in iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after buying an additional 71 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in iShares Russell 3000 ETF by 36.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after buying an additional 36 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

NYSEARCA:IWV opened at $322.67 on Friday. The firm has a 50-day moving average of $336.30 and a two-hundred day moving average of $334.85. The stock has a market cap of $14.67 billion, a P/E ratio of 24.57 and a beta of 1.04. iShares Russell 3000 ETF has a 1-year low of $282.38 and a 1-year high of $350.23.

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).