iShares Russell 3000 ETF $IWV Stock: Moneywise Inc. Reduces Stake

Moneywise Inc. decreased its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 89.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,129 shares of the company’s stock after selling 34,882 shares during the period. iShares Russell 3000 ETF accounts for 1.7% of Moneywise Inc.’s investment portfolio, making the stock its 20th biggest holding. Moneywise Inc.’s holdings in iShares Russell 3000 ETF were worth $1,782,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bangor Savings Bank acquired a new stake in shares of iShares Russell 3000 ETF in the third quarter valued at about $37,000. RMG Wealth Management LLC acquired a new position in shares of iShares Russell 3000 ETF during the 1st quarter worth about $35,000. Horizons Wealth Management acquired a new position in shares of iShares Russell 3000 ETF during the 3rd quarter worth about $50,000. Angeles Wealth Management LLC acquired a new position in shares of iShares Russell 3000 ETF during the 1st quarter worth about $44,000. Finally, Center for Financial Planning Inc. bought a new stake in iShares Russell 3000 ETF during the 3rd quarter valued at approximately $57,000.

iShares Russell 3000 ETF Stock Up 0.3%

Shares of NYSEARCA:IWV opened at $428.45 on Wednesday. The company has a market cap of $20.18 billion, a price-to-earnings ratio of 23.45 and a beta of 1.01. The business has a 50 day moving average price of $434.97 and a 200 day moving average price of $414.47. iShares Russell 3000 ETF has a twelve month low of $358.55 and a twelve month high of $443.90.

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). 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.