Ascent Wealth Partners LLC Cuts Position in iShares Russell 3000 ETF $IWV

Ascent Wealth Partners LLC reduced its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 14.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 14,599 shares of the company’s stock after selling 2,444 shares during the quarter. Ascent Wealth Partners LLC’s holdings in iShares Russell 3000 ETF were worth $5,412,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IWV. American Family Investments Inc. increased its position in shares of iShares Russell 3000 ETF by 687.5% in the fourth quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock worth $105,161,000 after acquiring an additional 237,322 shares in the last quarter. Align Financial LLC acquired a new position in shares of iShares Russell 3000 ETF during the 4th quarter valued at $69,589,000. Beacon Pointe Advisors LLC lifted its holdings in shares of iShares Russell 3000 ETF by 1,265.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock valued at $67,386,000 after acquiring an additional 161,432 shares in the last quarter. Calamos Advisors LLC acquired a new position in shares of iShares Russell 3000 ETF during the 1st quarter valued at $57,055,000. Finally, Brown Advisory Inc. boosted its position in iShares Russell 3000 ETF by 345.6% during the 4th quarter. Brown Advisory Inc. now owns 159,824 shares of the company’s stock worth $61,828,000 after purchasing an additional 123,953 shares during the period.

iShares Russell 3000 ETF Trading Down 1.0%

Shares of NYSEARCA IWV opened at $423.41 on Friday. iShares Russell 3000 ETF has a 12-month low of $351.69 and a 12-month high of $431.32. The company has a market cap of $19.67 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock has a fifty day moving average price of $423.44 and a 200 day moving average price of $401.61.

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.