Tower Research Capital LLC TRC Increases Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Tower Research Capital LLC TRC increased its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 465.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 667 shares of the company’s stock after buying an additional 549 shares during the period. Tower Research Capital LLC TRC’s holdings in iShares Russell 3000 ETF were worth $157,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWV. Rhumbline Advisers increased its stake in shares of iShares Russell 3000 ETF by 423.5% during the first quarter. Rhumbline Advisers now owns 26,771 shares of the company’s stock valued at $7,024,000 after buying an additional 21,657 shares during the period. BlackRock Inc. boosted its position in iShares Russell 3000 ETF by 1.1% during the first quarter. BlackRock Inc. now owns 684,744 shares of the company’s stock valued at $179,656,000 after purchasing an additional 7,332 shares in the last quarter. Raymond James Trust N.A. boosted its position in iShares Russell 3000 ETF by 80.6% during the first quarter. Raymond James Trust N.A. now owns 1,409 shares of the company’s stock valued at $370,000 after purchasing an additional 629 shares in the last quarter. Dakota Wealth Management bought a new stake in iShares Russell 3000 ETF during the first quarter valued at about $310,000. Finally, Sequoia Financial Advisors LLC bought a new stake in iShares Russell 3000 ETF during the first quarter valued at about $219,000.

iShares Russell 3000 ETF Price Performance

Shares of IWV stock opened at $257.56 on Wednesday. iShares Russell 3000 ETF has a 1-year low of $201.82 and a 1-year high of $264.27. The stock’s 50-day moving average is $255.70 and its 200 day moving average is $242.90. The company has a market cap of $11.62 billion, a P/E ratio of 17.53 and a beta of 1.02.

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).