Fonville Wealth Management LLC Trims Stock Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Fonville Wealth Management LLC decreased its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,968 shares of the company’s stock after selling 183 shares during the quarter. Fonville Wealth Management LLC’s holdings in iShares Russell 3000 ETF were worth $2,459,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fiduciary Management Inc. WI purchased a new stake in iShares Russell 3000 ETF in the fourth quarter worth about $2,152,000. Stephens Inc. AR grew its position in shares of iShares Russell 3000 ETF by 2.4% during the fourth quarter. Stephens Inc. AR now owns 149,247 shares of the company’s stock worth $40,855,000 after purchasing an additional 3,530 shares in the last quarter. One Day In July LLC grew its position in shares of iShares Russell 3000 ETF by 22.3% during the fourth quarter. One Day In July LLC now owns 9,658 shares of the company’s stock worth $2,644,000 after purchasing an additional 1,764 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of iShares Russell 3000 ETF by 35.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,543 shares of the company’s stock worth $463,000 after purchasing an additional 400 shares in the last quarter. Finally, Advisory Services Network LLC grew its position in shares of iShares Russell 3000 ETF by 17.0% during the fourth quarter. Advisory Services Network LLC now owns 10,358 shares of the company’s stock worth $2,835,000 after purchasing an additional 1,505 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV traded up $2.58 during trading on Friday, hitting $320.87. 682,296 shares of the company’s stock were exchanged, compared to its average volume of 178,775. iShares Russell 3000 ETF has a 52-week low of $233.54 and a 52-week high of $322.19. The business’s 50-day simple moving average is $312.24 and its 200 day simple moving average is $301.59. The company has a market cap of $14.70 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

About iShares Russell 3000 ETF

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).