GM Advisory Group LLC Has $64.18 Million Stock Holdings in iShares Russell 3000 ETF $IWV

GM Advisory Group LLC lessened its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,146 shares of the company’s stock after selling 4,211 shares during the quarter. iShares Russell 3000 ETF accounts for approximately 2.5% of GM Advisory Group LLC’s holdings, making the stock its 7th biggest position. GM Advisory Group LLC owned approximately 0.37% of iShares Russell 3000 ETF worth $64,182,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HB Wealth Management LLC grew its position in iShares Russell 3000 ETF by 0.5% during the 1st quarter. HB Wealth Management LLC now owns 80,307 shares of the company’s stock valued at $29,769,000 after purchasing an additional 377 shares during the last quarter. Baer Investment Advisory LLC purchased a new position in iShares Russell 3000 ETF in the first quarter worth about $209,000. Private Advisor Group LLC raised its holdings in iShares Russell 3000 ETF by 0.9% in the first quarter. Private Advisor Group LLC now owns 14,690 shares of the company’s stock worth $5,445,000 after buying an additional 130 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of iShares Russell 3000 ETF in the first quarter worth approximately $511,000. Finally, Patten Group Inc. lifted its stake in shares of iShares Russell 3000 ETF by 3.1% in the first quarter. Patten Group Inc. now owns 1,632 shares of the company’s stock worth $605,000 after buying an additional 49 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

NYSEARCA:IWV opened at $425.26 on Friday. The company’s 50 day moving average price is $419.87 and its 200-day moving average price is $398.86. iShares Russell 3000 ETF has a 52 week low of $351.20 and a 52 week high of $431.32. The stock has a market cap of $19.65 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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.