Tanager Wealth Management LLP Trims Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Tanager Wealth Management LLP lowered its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 5.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 42,852 shares of the company’s stock after selling 2,506 shares during the period. iShares Russell 3000 ETF makes up approximately 2.1% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 15th largest position. Tanager Wealth Management LLP’s holdings in iShares Russell 3000 ETF were worth $11,730,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Financial Connections Group Inc. acquired a new position in iShares Russell 3000 ETF during the fourth quarter worth $32,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares Russell 3000 ETF in the 4th quarter valued at $32,000. Silver Oak Securities Incorporated acquired a new position in iShares Russell 3000 ETF during the 3rd quarter worth about $41,000. Russell Investments Group Ltd. acquired a new position in iShares Russell 3000 ETF during the 2nd quarter worth about $64,000. Finally, Sunbelt Securities Inc. purchased a new position in iShares Russell 3000 ETF during the 1st quarter valued at about $75,000.

iShares Russell 3000 ETF Stock Down 0.7 %

NYSEARCA IWV traded down $2.07 during trading on Friday, hitting $283.16. The stock had a trading volume of 117,207 shares, compared to its average volume of 255,090. The company has a market capitalization of $12.88 billion, a PE ratio of 24.50 and a beta of 1.03. iShares Russell 3000 ETF has a twelve month low of $231.02 and a twelve month high of $300.72. The firm has a 50 day moving average price of $292.65 and a 200 day moving average price of $272.49.

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).