Brookstone Capital Management Purchases 3,906 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Brookstone Capital Management boosted its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 5.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 82,416 shares of the company’s stock after purchasing an additional 3,906 shares during the period. Brookstone Capital Management owned about 0.18% of iShares Russell 3000 ETF worth $24,731,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Financial Connections Group Inc. bought a new position in shares of iShares Russell 3000 ETF during the 4th quarter valued at approximately $32,000. Silver Oak Securities Incorporated bought a new position in shares of iShares Russell 3000 ETF during the 3rd quarter valued at approximately $41,000. Tidemark LLC purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at approximately $41,000. Salem Investment Counselors Inc. lifted its stake in shares of iShares Russell 3000 ETF by 13.1% during the 4th quarter. Salem Investment Counselors Inc. now owns 518 shares of the company’s stock valued at $142,000 after buying an additional 60 shares in the last quarter. Finally, Auxano Advisors LLC purchased a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at approximately $201,000.

iShares Russell 3000 ETF Trading Up 0.3 %

Shares of IWV stock traded up $0.84 during trading on Tuesday, reaching $309.00. 79,480 shares of the company’s stock traded hands, compared to its average volume of 200,200. The company has a market capitalization of $14.15 billion, a P/E ratio of 24.59 and a beta of 1.03. The firm’s 50-day moving average is $298.95 and its 200 day moving average is $289.40. iShares Russell 3000 ETF has a 1 year low of $233.54 and a 1 year high of $310.67.

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).