Apella Capital LLC Sells 6,046 Shares of iShares Russell 3000 ETF $IWV

Apella Capital LLC decreased its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 22.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,496 shares of the company’s stock after selling 6,046 shares during the quarter. Apella Capital LLC’s holdings in iShares Russell 3000 ETF were worth $8,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in IWV. American Family Investments Inc. raised its position in 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 during the period. Align Financial LLC bought a new stake in iShares Russell 3000 ETF during the 4th quarter worth approximately $69,589,000. Beacon Pointe Advisors LLC raised its stake in 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 worth $67,386,000 after acquiring an additional 161,432 shares during the period. Brown Advisory Inc. raised its stake 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 acquiring an additional 123,953 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in iShares Russell 3000 ETF by 6.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock valued at $591,538,000 after purchasing an additional 86,391 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

IWV opened at $418.14 on Friday. The firm has a market cap of $19.36 billion, a P/E ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 1-year low of $345.87 and a 1-year high of $431.32. The company has a 50 day simple moving average of $417.26 and a two-hundred day simple moving average of $397.47.

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.