Brookstone Capital Management Has $20.95 Million Stake in iShares Russell 3000 ETF $IWV

Brookstone Capital Management grew its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 4.0% in the third quarter, HoldingsChannel.com reports. The fund owned 55,288 shares of the company’s stock after acquiring an additional 2,133 shares during the quarter. Brookstone Capital Management’s holdings in iShares Russell 3000 ETF were worth $20,951,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IWV. Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF during the 2nd quarter valued at about $27,000. Caldwell Trust Co bought a new stake in iShares Russell 3000 ETF in the second quarter worth approximately $34,000. Truvestments Capital LLC lifted its stake in iShares Russell 3000 ETF by 50.5% in the first quarter. Truvestments Capital LLC now owns 149 shares of the company’s stock valued at $47,000 after buying an additional 50 shares during the period. Beacon Capital Management LLC boosted its holdings in shares of iShares Russell 3000 ETF by 96.6% during the 2nd quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $62,000 after buying an additional 86 shares in the last quarter. Finally, Center for Financial Planning Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 214.3% during the 2nd quarter. Center for Financial Planning Inc. now owns 176 shares of the company’s stock worth $62,000 after buying an additional 120 shares in the last quarter.

iShares Russell 3000 ETF Stock Up 0.3%

NYSEARCA:IWV opened at $392.07 on Thursday. iShares Russell 3000 ETF has a twelve month low of $273.60 and a twelve month high of $392.36. The company has a fifty day moving average of $384.28 and a 200-day moving average of $370.14. The firm has a market capitalization of $17.60 billion, a P/E ratio of 25.11 and a beta of 1.02.

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). 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.