Modera Wealth Management LLC Buys New Holdings in iShares Russell 3000 ETF $IWV

Modera Wealth Management LLC bought a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the 3rd quarter, Holdings Channel.com reports. The firm bought 6,494 shares of the company’s stock, valued at approximately $2,803,000.

Several other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares Russell 3000 ETF by 11.4% during the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock valued at $342,336,000 after buying an additional 94,283 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in iShares Russell 3000 ETF by 8.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 170,528 shares of the company’s stock worth $63,211,000 after acquiring an additional 13,647 shares during the last quarter. Stephens Inc. AR grew its holdings in iShares Russell 3000 ETF by 4.5% in the 1st quarter. Stephens Inc. AR now owns 164,161 shares of the company’s stock worth $60,851,000 after acquiring an additional 7,105 shares during the last quarter. Calamos Advisors LLC purchased a new position in shares of iShares Russell 3000 ETF in the first quarter valued at about $57,055,000. Finally, Fifth Third Bancorp increased its position in shares of iShares Russell 3000 ETF by 118.6% in the first quarter. Fifth Third Bancorp now owns 146,638 shares of the company’s stock valued at $54,356,000 after acquiring an additional 79,570 shares during the period.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $428.96 on Monday. The company has a market cap of $20.25 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The company has a 50-day moving average price of $435.29 and a 200-day moving average price of $414.13. iShares Russell 3000 ETF has a 12 month low of $358.55 and a 12 month high of $443.90.

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.