Moss Adams Wealth Advisors LLC Decreases Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Moss Adams Wealth Advisors LLC cut its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 3.9% during the third quarter, HoldingsChannel.com reports. The firm owned 39,243 shares of the company’s stock after selling 1,582 shares during the period. iShares Russell 3000 ETF accounts for about 1.4% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Moss Adams Wealth Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $12,822,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWV. Financial Connections Group Inc. purchased a new position in iShares Russell 3000 ETF in the second quarter valued at about $37,000. Denver PWM LLC acquired a new stake in shares of iShares Russell 3000 ETF in the 2nd quarter worth approximately $42,000. Federated Hermes Inc. increased its stake in iShares Russell 3000 ETF by 142.1% in the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock valued at $43,000 after purchasing an additional 81 shares in the last quarter. Rothschild Investment LLC acquired a new position in iShares Russell 3000 ETF during the second quarter worth $44,000. Finally, ORG Partners LLC purchased a new stake in iShares Russell 3000 ETF during the second quarter worth $47,000.

iShares Russell 3000 ETF Stock Up 0.4 %

NYSEARCA:IWV opened at $333.43 on Friday. The company has a market capitalization of $15.27 billion, a PE ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52-week low of $233.54 and a 52-week high of $334.03. The stock has a fifty day simple moving average of $320.86 and a 200-day simple moving average of $308.92.

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).