Cedar Wealth Management LLC Has $5.56 Million Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Cedar Wealth Management LLC increased its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,018 shares of the company’s stock after purchasing an additional 290 shares during the quarter. iShares Russell 3000 ETF accounts for approximately 1.8% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Cedar Wealth Management LLC’s holdings in iShares Russell 3000 ETF were worth $5,562,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Financial Connections Group Inc. acquired a new position in iShares Russell 3000 ETF in the 2nd quarter worth about $37,000. Tidemark LLC bought a new stake in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $41,000. Denver PWM LLC acquired a new position in iShares Russell 3000 ETF during the second quarter worth $42,000. Federated Hermes Inc. boosted its stake in iShares Russell 3000 ETF by 142.1% during the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock valued at $43,000 after purchasing an additional 81 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of iShares Russell 3000 ETF during the second quarter valued at approximately $44,000.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $325.63 on Friday. The company has a market capitalization of $14.91 billion, a P/E ratio of 24.59 and a beta of 1.03. The company’s 50-day moving average is $313.55 and its 200 day moving average is $304.35. iShares Russell 3000 ETF has a fifty-two week low of $233.54 and a fifty-two week high of $326.66.

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).