Truepoint Inc. Has $19.85 Million Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Truepoint Inc. cut its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 60,739 shares of the company’s stock after selling 944 shares during the quarter. iShares Russell 3000 ETF comprises 0.5% of Truepoint Inc.’s portfolio, making the stock its 25th biggest holding. Truepoint Inc.’s holdings in iShares Russell 3000 ETF were worth $19,845,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pitcairn Co. increased its position in iShares Russell 3000 ETF by 7.8% during the 3rd quarter. Pitcairn Co. now owns 558,944 shares of the company’s stock worth $182,624,000 after purchasing an additional 40,564 shares in the last quarter. Kingsview Wealth Management LLC increased its position in iShares Russell 3000 ETF by 706.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 11,195 shares of the company’s stock worth $3,658,000 after purchasing an additional 9,807 shares in the last quarter. Optivise Advisory Services LLC acquired a new position in iShares Russell 3000 ETF during the 3rd quarter worth approximately $1,025,000. Nwam LLC acquired a new position in iShares Russell 3000 ETF during the 3rd quarter worth approximately $297,000. Finally, Meridian Wealth Management LLC acquired a new position in iShares Russell 3000 ETF during the 3rd quarter worth approximately $432,000.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $342.28 on Friday. The company has a 50 day simple moving average of $330.57 and a 200 day simple moving average of $316.65. The stock has a market cap of $15.68 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 1 year low of $258.83 and a 1 year high of $344.04.

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).