Assetmark Inc. Has $305,000 Position in iShares Russell 3000 ETF $IWV

Assetmark Inc. lessened its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 69.0% during the third quarter, Holdings Channel.com reports. The firm owned 806 shares of the company’s stock after selling 1,790 shares during the period. Assetmark Inc.’s holdings in iShares Russell 3000 ETF were worth $305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWV. Gallagher Fiduciary Advisors LLC increased its holdings in shares of iShares Russell 3000 ETF by 31,808.4% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock valued at $346,859,000 after acquiring an additional 985,106 shares in the last quarter. Caprock Group LLC acquired a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at $46,598,000. Ameriprise Financial Inc. increased its stake in iShares Russell 3000 ETF by 16.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after purchasing an additional 61,982 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in iShares Russell 3000 ETF by 35,000.0% during the second quarter. Laurel Wealth Advisors LLC now owns 57,915 shares of the company’s stock worth $20,328,000 after buying an additional 57,750 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Russell 3000 ETF by 13.9% in the second quarter. Bank of New York Mellon Corp now owns 363,288 shares of the company’s stock valued at $127,514,000 after buying an additional 44,221 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV opened at $392.65 on Monday. The stock has a 50 day moving average price of $391.01 and a two-hundred day moving average price of $382.16. The firm has a market capitalization of $18.47 billion, a P/E ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 52 week low of $273.60 and a 52 week high of $397.05.

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.