iShares Russell 3000 ETF (NYSEARCA:IWV) Stake Decreased by Tanglewood Wealth Management Inc.

Tanglewood Wealth Management Inc. reduced its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 7.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 99,410 shares of the company’s stock after selling 7,586 shares during the period. iShares Russell 3000 ETF makes up approximately 3.8% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 10th largest holding. Tanglewood Wealth Management Inc.’s holdings in iShares Russell 3000 ETF were worth $30,685,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWV. Federated Hermes Inc. purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth about $2,713,000. Atria Wealth Solutions Inc. raised its stake in iShares Russell 3000 ETF by 47.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 7,852 shares of the company’s stock worth $2,150,000 after purchasing an additional 2,531 shares during the period. Syon Capital LLC purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth about $307,000. Simplex Trading LLC purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth about $769,000. Finally, K.J. Harrison & Partners Inc purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth about $271,000.

iShares Russell 3000 ETF Trading Down 0.2 %

IWV stock traded down $0.59 during trading on Monday, reaching $319.69. 49,913 shares of the stock were exchanged, compared to its average volume of 177,442. The business has a 50 day moving average price of $311.44 and a 200-day moving average price of $300.89. iShares Russell 3000 ETF has a 1 year low of $233.54 and a 1 year high of $322.19. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

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).