Waverly Advisors LLC Sells 2,303 Shares of iShares Russell 3000 ETF $IWV

Waverly Advisors LLC lessened its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,844 shares of the company’s stock after selling 2,303 shares during the period. Waverly Advisors LLC owned about 0.32% of iShares Russell 3000 ETF worth $55,544,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Punch & Associates Investment Management Inc. grew its position in iShares Russell 3000 ETF by 7.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 5,487 shares of the company’s stock valued at $2,034,000 after acquiring an additional 394 shares during the last quarter. Pennington Partners & CO. LLC boosted its stake in shares of iShares Russell 3000 ETF by 14.8% during the first quarter. Pennington Partners & CO. LLC now owns 112,105 shares of the company’s stock valued at $41,555,000 after purchasing an additional 14,432 shares during the period. GC Wealth Management RIA LLC grew its holdings in shares of iShares Russell 3000 ETF by 54.7% in the first quarter. GC Wealth Management RIA LLC now owns 7,034 shares of the company’s stock worth $2,607,000 after purchasing an additional 2,486 shares during the last quarter. Modern Wealth Management LLC increased its stake in iShares Russell 3000 ETF by 91.2% in the 1st quarter. Modern Wealth Management LLC now owns 4,385 shares of the company’s stock worth $1,637,000 after buying an additional 2,091 shares during the period. Finally, RMG Wealth Management LLC purchased a new position in iShares Russell 3000 ETF in the 1st quarter worth about $35,000.

iShares Russell 3000 ETF Price Performance

Shares of IWV opened at $420.65 on Friday. The firm has a market capitalization of $19.43 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 1-year low of $351.69 and a 1-year high of $431.32. The company has a 50-day moving average of $423.76 and a 200 day moving average of $402.82.

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.