Tanglewood Wealth Management Inc. Sells 8,244 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Tanglewood Wealth Management Inc. lowered its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 8.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,009 shares of the company’s stock after selling 8,244 shares during the period. iShares Russell 3000 ETF makes up 3.2% of Tanglewood Wealth Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Tanglewood Wealth Management Inc. owned about 0.20% of iShares Russell 3000 ETF worth $28,591,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC raised its stake in iShares Russell 3000 ETF by 3,821.1% during the 4th quarter. Proficio Capital Partners LLC now owns 6,892,013 shares of the company’s stock worth $2,303,655,000 after buying an additional 6,716,244 shares during the period. Brooklyn FI LLC increased its holdings in shares of iShares Russell 3000 ETF by 6,270.1% during the fourth quarter. Brooklyn FI LLC now owns 4,679,427 shares of the company’s stock valued at $1,575,160,000 after acquiring an additional 4,605,968 shares in the last quarter. Northern Trust Corp raised its position in shares of iShares Russell 3000 ETF by 7.7% during the fourth quarter. Northern Trust Corp now owns 1,153,860 shares of the company’s stock worth $385,678,000 after purchasing an additional 82,492 shares during the period. Bank of America Corp DE grew its position in iShares Russell 3000 ETF by 7.9% in the 4th quarter. Bank of America Corp DE now owns 1,018,709 shares of the company’s stock valued at $340,503,000 after purchasing an additional 74,379 shares during the period. Finally, JPMorgan Chase & Co. grew its position in iShares Russell 3000 ETF by 33.7% in the 4th quarter. JPMorgan Chase & Co. now owns 603,980 shares of the company’s stock valued at $201,881,000 after purchasing an additional 152,260 shares during the period.

iShares Russell 3000 ETF Trading Up 1.1%

IWV opened at $340.96 on Friday. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $350.23. The company has a market cap of $15.36 billion, a price-to-earnings ratio of 24.00 and a beta of 1.03. The company’s fifty day moving average price is $317.83 and its two-hundred day moving average price is $330.84.

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).