Clearstead Advisors LLC Cuts Position in iShares Russell 3000 ETF $IWV

Clearstead Advisors LLC decreased its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.3% during the third quarter, HoldingsChannel reports. The firm owned 101,666 shares of the company’s stock after selling 2,412 shares during the period. Clearstead Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $38,525,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in shares of iShares Russell 3000 ETF during the 3rd quarter valued at about $28,000. Caldwell Trust Co purchased a new stake in iShares Russell 3000 ETF in the second quarter worth approximately $34,000. Center for Financial Planning Inc. grew its position in iShares Russell 3000 ETF by 214.3% during the second quarter. Center for Financial Planning Inc. now owns 176 shares of the company’s stock valued at $62,000 after acquiring an additional 120 shares during the last quarter. Missouri Trust & Investment Co bought a new position in iShares Russell 3000 ETF during the third quarter valued at approximately $63,000. Finally, Arcadia Investment Management Corp MI purchased a new position in shares of iShares Russell 3000 ETF during the third quarter worth approximately $66,000.

iShares Russell 3000 ETF Stock Performance

Shares of iShares Russell 3000 ETF stock opened at $392.65 on Monday. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $397.05. The stock has a market capitalization of $18.47 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The company has a fifty day moving average of $391.01 and a 200-day moving average of $382.16.

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). 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.