Waldron Private Wealth LLC Decreases Stock Holdings in iShares Russell 3000 ETF $IWV

Waldron Private Wealth LLC lowered its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 6.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 82,402 shares of the company’s stock after selling 5,523 shares during the quarter. iShares Russell 3000 ETF comprises approximately 1.3% of Waldron Private Wealth LLC’s portfolio, making the stock its 14th largest holding. Waldron Private Wealth LLC’s holdings in iShares Russell 3000 ETF were worth $31,878,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in shares of iShares Russell 3000 ETF during the 3rd quarter valued at $28,000. Caldwell Trust Co acquired a new stake in iShares Russell 3000 ETF in the 2nd quarter valued at $34,000. Missouri Trust & Investment Co purchased a new position in iShares Russell 3000 ETF in the third quarter valued at about $63,000. Arcadia Investment Management Corp MI purchased a new position in iShares Russell 3000 ETF in the third quarter valued at about $66,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Russell 3000 ETF during the third quarter worth about $92,000.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $361.62 on Friday. The firm has a market cap of $17.01 billion, a P/E ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 1 year low of $273.60 and a 1 year high of $397.05. The stock has a 50-day simple moving average of $386.54 and a 200-day simple moving average of $384.74.

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.