Northwestern Mutual Wealth Management Co. Sells 2,658 Shares of iShares Russell 3000 ETF $IWV

Northwestern Mutual Wealth Management Co. trimmed its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,901 shares of the company’s stock after selling 2,658 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.10% of iShares Russell 3000 ETF worth $17,757,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. First National Trust Co increased its holdings in shares of iShares Russell 3000 ETF by 4.2% during the third quarter. First National Trust Co now owns 38,430 shares of the company’s stock worth $14,563,000 after purchasing an additional 1,557 shares during the period. Tudor Investment Corp ET AL increased its holdings in shares of iShares Russell 3000 ETF by 340.3% during the third quarter. Tudor Investment Corp ET AL now owns 2,646 shares of the company’s stock worth $1,003,000 after purchasing an additional 2,045 shares during the period. McGlone Suttner Wealth Management Inc. bought a new position in shares of iShares Russell 3000 ETF during the fourth quarter worth approximately $2,001,000. Apella Capital LLC increased its holdings in shares of iShares Russell 3000 ETF by 328.6% during the fourth quarter. Apella Capital LLC now owns 26,542 shares of the company’s stock worth $10,268,000 after purchasing an additional 20,350 shares during the period. Finally, Annex Advisory Services LLC bought a new position in shares of iShares Russell 3000 ETF during the fourth quarter worth approximately $780,000.

iShares Russell 3000 ETF Stock Performance

Shares of IWV opened at $428.85 on Monday. iShares Russell 3000 ETF has a 12 month low of $331.71 and a 12 month high of $429.65. The firm’s 50 day moving average is $399.42 and its 200-day moving average is $392.07. The stock has a market capitalization of $19.86 billion, a PE ratio of 25.11 and a beta of 1.01.

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.