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

Rialto Wealth Management LLC purchased a new stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,925 shares of the company’s stock, valued at approximately $2,315,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWV. Proficio Capital Partners LLC raised its position 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 valued at $2,303,655,000 after purchasing an additional 6,716,244 shares during the period. Strategic Financial Concepts LLC boosted its holdings in 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 period. Raymond James Financial Inc. purchased a new stake in iShares Russell 3000 ETF in the 4th quarter worth $40,667,000. Strategic Investment Management LLC raised its holdings in iShares Russell 3000 ETF by 706.7% during the fourth quarter. Strategic Investment Management LLC now owns 133,261 shares of the company’s stock valued at $44,542,000 after acquiring an additional 116,741 shares during the period. Finally, Finley Financial LLC purchased a new position in shares of iShares Russell 3000 ETF in the fourth quarter valued at about $24,021,000.

iShares Russell 3000 ETF Trading Up 0.7 %

NYSEARCA:IWV opened at $327.42 on Friday. The stock has a 50-day moving average price of $340.49 and a 200 day moving average price of $334.49. The stock has a market capitalization of $14.96 billion, a P/E ratio of 26.45 and a beta of 1.04. iShares Russell 3000 ETF has a 12-month low of $282.38 and a 12-month 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).