iShares Russell 3000 ETF $IWV Position Reduced by Balentine LLC

Balentine LLC cut its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,785 shares of the company’s stock after selling 2,431 shares during the quarter. iShares Russell 3000 ETF accounts for 0.7% of Balentine LLC’s portfolio, making the stock its 15th largest position. Balentine LLC’s holdings in iShares Russell 3000 ETF were worth $18,099,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. McLean Asset Management Corp lifted its stake in iShares Russell 3000 ETF by 1.8% during the fourth quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock valued at $689,000 after buying an additional 31 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in iShares Russell 3000 ETF by 1.9% during the third quarter. Ashton Thomas Private Wealth LLC now owns 1,715 shares of the company’s stock valued at $650,000 after buying an additional 32 shares in the last quarter. Harvest Investment Services LLC lifted its stake in iShares Russell 3000 ETF by 0.6% during the third quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock valued at $1,919,000 after buying an additional 32 shares in the last quarter. Synovus Financial Corp lifted its stake in iShares Russell 3000 ETF by 0.7% during the third quarter. Synovus Financial Corp now owns 4,904 shares of the company’s stock valued at $1,859,000 after buying an additional 34 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of iShares Russell 3000 ETF by 0.9% during the fourth quarter. Sanctuary Advisors LLC now owns 4,617 shares of the company’s stock valued at $1,786,000 after buying an additional 42 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.3%

Shares of IWV stock opened at $409.36 on Friday. iShares Russell 3000 ETF has a 1-year low of $316.48 and a 1-year high of $411.64. The company has a market capitalization of $18.95 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The stock’s fifty day simple moving average is $386.36 and its 200-day simple moving average is $387.07.

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.