GM Advisory Group LLC Buys 5,426 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

GM Advisory Group LLC boosted its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 3.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 182,268 shares of the company’s stock after purchasing an additional 5,426 shares during the period. iShares Russell 3000 ETF comprises approximately 3.6% of GM Advisory Group LLC’s portfolio, making the stock its 6th largest position. GM Advisory Group LLC’s holdings in iShares Russell 3000 ETF were worth $59,552,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of iShares Russell 3000 ETF by 384.0% in the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after buying an additional 96 shares in the last quarter. Quadrature Capital Ltd purchased a new position in iShares Russell 3000 ETF during the 1st quarter valued at about $737,000. Alternative Investment Advisors LLC. acquired a new position in iShares Russell 3000 ETF in the 2nd quarter valued at about $326,000. Cannon Financial Strategists Inc. purchased a new stake in iShares Russell 3000 ETF during the second quarter worth about $223,000. Finally, Mill Creek Capital Advisors LLC lifted its position in shares of iShares Russell 3000 ETF by 2.0% during the second quarter. Mill Creek Capital Advisors LLC now owns 126,441 shares of the company’s stock worth $39,028,000 after purchasing an additional 2,452 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock opened at $340.51 on Friday. iShares Russell 3000 ETF has a fifty-two week low of $258.83 and a fifty-two week high of $344.04. The company has a 50 day moving average price of $330.12 and a 200 day moving average price of $316.18. The stock has a market capitalization of $15.60 billion, a P/E ratio of 24.59 and a beta of 1.03.

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).