Diversified Portfolios Inc. Sells 83 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Diversified Portfolios Inc. reduced its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 53,989 shares of the company’s stock after selling 83 shares during the period. iShares Russell 3000 ETF accounts for about 2.0% of Diversified Portfolios Inc.’s portfolio, making the stock its 15th largest holding. Diversified Portfolios Inc.’s holdings in iShares Russell 3000 ETF were worth $17,640,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IWV. International Assets Investment Management LLC raised its position in shares of iShares Russell 3000 ETF by 34,366.3% in the third quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock valued at $270,831,000 after purchasing an additional 826,509 shares during the period. Family Firm Inc. lifted its position in shares of iShares Russell 3000 ETF by 313.7% during the 2nd quarter. Family Firm Inc. now owns 856,336 shares of the company’s stock worth $264,325,000 after buying an additional 649,319 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in iShares Russell 3000 ETF in the second quarter valued at about $683,000. Waverly Advisors LLC raised its stake in iShares Russell 3000 ETF by 103.3% during the first quarter. Waverly Advisors LLC now owns 189,493 shares of the company’s stock worth $56,863,000 after acquiring an additional 96,291 shares in the last quarter. Finally, Campbell Wealth Management acquired a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter valued at approximately $19,943,000.

iShares Russell 3000 ETF Price Performance

IWV stock traded down $0.63 during trading on Thursday, reaching $341.28. 19,313 shares of the company were exchanged, compared to its average volume of 169,094. The company has a 50-day moving average of $327.08 and a two-hundred day moving average of $314.32. The company has a market capitalization of $15.63 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a twelve month low of $255.58 and a twelve month high of $344.04.

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).