Park Avenue Securities LLC Boosts Holdings in iShares Russell 3000 ETF $IWV

Park Avenue Securities LLC lifted its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 160.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,090 shares of the company’s stock after purchasing an additional 4,988 shares during the period. Park Avenue Securities LLC’s holdings in iShares Russell 3000 ETF were worth $3,130,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in iShares Russell 3000 ETF by 15.5% in the first quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock valued at $2,590,000 after purchasing an additional 1,095 shares during the last quarter. MAI Capital Management increased its holdings in iShares Russell 3000 ETF by 32.7% during the 2nd quarter. MAI Capital Management now owns 7,702 shares of the company’s stock worth $2,703,000 after purchasing an additional 1,897 shares during the last quarter. Franklin Resources Inc. raised its position in shares of iShares Russell 3000 ETF by 1.4% in the 2nd quarter. Franklin Resources Inc. now owns 135,897 shares of the company’s stock valued at $47,700,000 after purchasing an additional 1,863 shares in the last quarter. Rhumbline Advisers raised its position in shares of iShares Russell 3000 ETF by 28.6% in the 2nd quarter. Rhumbline Advisers now owns 28,340 shares of the company’s stock valued at $9,947,000 after purchasing an additional 6,299 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in shares of iShares Russell 3000 ETF by 100.0% during the 2nd quarter. Prudential Financial Inc. now owns 19,360 shares of the company’s stock valued at $6,795,000 after buying an additional 9,680 shares during the last quarter.

iShares Russell 3000 ETF Trading Down 1.6%

IWV stock opened at $368.52 on Monday. iShares Russell 3000 ETF has a twelve month low of $273.60 and a twelve month high of $397.05. The company has a market capitalization of $17.34 billion, a P/E ratio of 25.11 and a beta of 1.02. The firm has a 50 day simple moving average of $388.99 and a 200-day simple moving average of $384.84.

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.