Independence Bank of Kentucky Sells 200 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Independence Bank of Kentucky trimmed its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 3.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 6,408 shares of the company’s stock after selling 200 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Russell 3000 ETF were worth $1,923,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in shares of iShares Russell 3000 ETF by 6.3% in the 3rd quarter. Stifel Financial Corp now owns 22,472 shares of the company’s stock worth $5,507,000 after purchasing an additional 1,341 shares in the last quarter. Mutual Advisors LLC raised its stake in shares of iShares Russell 3000 ETF by 2.3% in the third quarter. Mutual Advisors LLC now owns 4,985 shares of the company’s stock worth $1,222,000 after buying an additional 112 shares during the period. Brown Wealth Management LLC lifted its position in shares of iShares Russell 3000 ETF by 2.9% during the 3rd quarter. Brown Wealth Management LLC now owns 2,164 shares of the company’s stock valued at $530,000 after buying an additional 62 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of iShares Russell 3000 ETF by 28.2% during the 3rd quarter. Glenmede Trust Co. NA now owns 41,547 shares of the company’s stock valued at $10,182,000 after acquiring an additional 9,144 shares during the period. Finally, Lakeshore Financial Planning Inc. purchased a new stake in iShares Russell 3000 ETF in the 3rd quarter worth approximately $2,497,000.

iShares Russell 3000 ETF Trading Down 0.4 %

NYSEARCA IWV traded down $1.23 on Friday, reaching $308.67. 349,872 shares of the stock were exchanged, compared to its average volume of 200,355. iShares Russell 3000 ETF has a one year low of $233.54 and a one year high of $312.07. The firm has a market capitalization of $14.14 billion, a PE ratio of 24.59 and a beta of 1.03. The company’s 50-day simple moving average is $300.42 and its two-hundred day simple moving average is $289.98.

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).