12th Street Asset Management Company LLC Purchases New Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

12th Street Asset Management Company LLC bought a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,837 shares of the company’s stock, valued at approximately $2,285,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWV. Proficio Capital Partners LLC grew its holdings in shares of iShares Russell 3000 ETF by 3,821.1% during the 4th quarter. Proficio Capital Partners LLC now owns 6,892,013 shares of the company’s stock worth $2,303,655,000 after acquiring an additional 6,716,244 shares during the period. Strategic Financial Concepts LLC grew its stake in shares of iShares Russell 3000 ETF by 33,356.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 238,877 shares of the company’s stock worth $79,845,000 after buying an additional 238,163 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth approximately $40,667,000. Strategic Investment Management LLC grew its stake in shares of iShares Russell 3000 ETF by 706.7% in the 4th quarter. Strategic Investment Management LLC now owns 133,261 shares of the company’s stock worth $44,542,000 after buying an additional 116,741 shares during the last quarter. Finally, Independent Advisor Alliance purchased a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth approximately $27,279,000.

iShares Russell 3000 ETF Stock Down 1.4 %

iShares Russell 3000 ETF stock opened at $313.10 on Friday. The company has a market capitalization of $14.28 billion, a P/E ratio of 24.60 and a beta of 1.04. The stock’s 50 day moving average is $339.03 and its 200 day moving average is $334.44. iShares Russell 3000 ETF has a twelve month low of $282.38 and a twelve month high of $350.23.

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).