iShares Russell 3000 ETF $IWV is Compass Financial Group Inc.’s 2nd Largest Position

Compass Financial Group Inc. trimmed its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 8.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,138 shares of the company’s stock after selling 4,906 shares during the quarter. iShares Russell 3000 ETF makes up about 8.9% of Compass Financial Group Inc.’s portfolio, making the stock its 2nd biggest holding. Compass Financial Group Inc. owned 0.12% of iShares Russell 3000 ETF worth $19,757,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in shares of iShares Russell 3000 ETF during the 3rd quarter valued at about $28,000. Caldwell Trust Co purchased a new position in iShares Russell 3000 ETF during the second quarter worth approximately $34,000. Arcadia Investment Management Corp MI acquired a new stake in iShares Russell 3000 ETF in the third quarter valued at approximately $66,000. Center for Financial Planning Inc. increased its position in shares of iShares Russell 3000 ETF by 214.3% in the second quarter. Center for Financial Planning Inc. now owns 176 shares of the company’s stock valued at $62,000 after buying an additional 120 shares in the last quarter. Finally, JNBA Financial Advisors raised its stake in shares of iShares Russell 3000 ETF by 24.4% during the 2nd quarter. JNBA Financial Advisors now owns 240 shares of the company’s stock worth $84,000 after buying an additional 47 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $385.07 on Friday. The business’s 50 day moving average price is $390.43 and its 200-day moving average price is $379.40. iShares Russell 3000 ETF has a 1 year low of $273.60 and a 1 year high of $397.05. The firm has a market capitalization of $18.12 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02.

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.