McGlone Suttner Wealth Management Inc. Invests $2.80 Million in iShares Russell 3000 ETF (NYSEARCA:IWV)

McGlone Suttner Wealth Management Inc. purchased a new position in iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, HoldingsChannel reports. The firm purchased 8,386 shares of the company’s stock, valued at approximately $2,803,000. iShares Russell 3000 ETF accounts for about 0.5% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 3000 ETF by 34,366.3% in the 3rd quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock valued at $270,831,000 after purchasing an additional 826,509 shares in the last quarter. Pitcairn Co. increased its holdings in iShares Russell 3000 ETF by 7.8% during the third quarter. Pitcairn Co. now owns 558,944 shares of the company’s stock valued at $182,624,000 after buying an additional 40,564 shares during the period. LPL Financial LLC raised its stake in iShares Russell 3000 ETF by 3.0% in the third quarter. LPL Financial LLC now owns 469,157 shares of the company’s stock worth $153,288,000 after buying an additional 13,814 shares in the last quarter. Tlwm lifted its holdings in iShares Russell 3000 ETF by 0.6% during the fourth quarter. Tlwm now owns 294,384 shares of the company’s stock worth $98,398,000 after buying an additional 1,623 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in iShares Russell 3000 ETF by 1.6% during the third quarter. Captrust Financial Advisors now owns 244,475 shares of the company’s stock worth $79,877,000 after buying an additional 3,871 shares during the period.

iShares Russell 3000 ETF Trading Up 0.5 %

Shares of NYSEARCA:IWV opened at $348.61 on Friday. The company has a market capitalization of $15.97 billion, a PE ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 12-month low of $276.42 and a 12-month high of $349.54. The business’s fifty day simple moving average is $340.92 and its 200-day simple moving average is $327.66.

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).