Brown Advisory Inc. Has $61.83 Million Stake in iShares Russell 3000 ETF $IWV

Brown Advisory Inc. lifted its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 345.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 159,824 shares of the company’s stock after purchasing an additional 123,953 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Russell 3000 ETF were worth $61,828,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. American Family Investments Inc. raised its position in iShares Russell 3000 ETF by 687.5% in the 4th quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock valued at $105,161,000 after buying an additional 237,322 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in iShares Russell 3000 ETF by 6.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock valued at $591,538,000 after purchasing an additional 86,391 shares during the period. First Trust Advisors LP bought a new position in iShares Russell 3000 ETF in the 4th quarter valued at $27,650,000. Ameriprise Financial Inc. grew its stake in iShares Russell 3000 ETF by 16.0% in 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 during the period. Finally, AQR Capital Management LLC grew its stake in iShares Russell 3000 ETF by 238.5% in the 3rd quarter. AQR Capital Management LLC now owns 81,282 shares of the company’s stock valued at $30,801,000 after purchasing an additional 57,270 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $422.01 on Monday. The company has a market capitalization of $19.54 billion, a PE ratio of 25.11 and a beta of 1.01. The business has a fifty day moving average price of $410.11 and a two-hundred day moving average price of $395.21. iShares Russell 3000 ETF has a 1 year low of $336.42 and a 1 year high of $431.32.

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). 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.