Martin Capital Advisors LLP Decreases Stock Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Martin Capital Advisors LLP reduced its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 9.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,540 shares of the company’s stock after selling 270 shares during the period. Martin Capital Advisors LLP’s holdings in iShares Russell 3000 ETF were worth $695,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Apella Capital LLC raised its holdings in iShares Russell 3000 ETF by 0.7% in the 4th quarter. Apella Capital LLC now owns 6,451 shares of the company’s stock worth $1,731,000 after acquiring an additional 42 shares during the last quarter. Nvest Financial LLC raised its stake in iShares Russell 3000 ETF by 0.8% during the 4th quarter. Nvest Financial LLC now owns 5,583 shares of the company’s stock valued at $1,528,000 after buying an additional 44 shares during the last quarter. BIP Wealth LLC raised its stake in iShares Russell 3000 ETF by 1.0% during the 3rd quarter. BIP Wealth LLC now owns 4,532 shares of the company’s stock valued at $1,111,000 after buying an additional 45 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in iShares Russell 3000 ETF by 1.0% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,645 shares of the company’s stock valued at $1,249,000 after buying an additional 45 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in iShares Russell 3000 ETF by 2.3% during the 1st quarter. International Assets Investment Management LLC now owns 2,049 shares of the company’s stock valued at $538,000 after buying an additional 47 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 0.7 %

IWV traded down $2.07 during mid-day trading on Friday, reaching $283.16. 117,207 shares of the company traded hands, compared to its average volume of 255,007. The stock has a market capitalization of $12.88 billion, a P/E ratio of 24.50 and a beta of 1.03. The company’s fifty day moving average price is $292.65 and its 200-day moving average price is $272.49. iShares Russell 3000 ETF has a 52-week low of $231.02 and a 52-week high of $300.72.

iShares Russell 3000 ETF Company 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).