Foundation Wealth Management LLC PA Buys New Shares in iShares Russell 3000 ETF (NYSEARCA:IWV)

Foundation Wealth Management LLC PA purchased a new position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 9,444 shares of the company’s stock, valued at approximately $3,157,000. iShares Russell 3000 ETF accounts for about 1.5% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 20th largest position.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Russell 3000 ETF during the 4th quarter worth $25,000. Truvestments Capital LLC purchased a new stake in iShares Russell 3000 ETF during the third quarter valued at about $33,000. Principal Securities Inc. increased its stake in iShares Russell 3000 ETF by 237.5% during the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock worth $36,000 after acquiring an additional 76 shares during the last quarter. Avior Wealth Management LLC raised its holdings in shares of iShares Russell 3000 ETF by 126.8% in the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after purchasing an additional 71 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in shares of iShares Russell 3000 ETF by 36.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after purchasing an additional 36 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $323.49 on Thursday. The stock has a 50-day simple moving average of $336.62 and a 200-day simple moving average of $334.93. The stock has a market capitalization of $14.70 billion, a P/E ratio of 24.57 and a beta of 1.04. iShares Russell 3000 ETF has a 1 year low of $282.38 and a 1 year high of $350.23.

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).