Sterneck Capital Management LLC Has $239,000 Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Sterneck Capital Management LLC reduced its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 40.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 716 shares of the company’s stock after selling 485 shares during the period. Sterneck Capital Management LLC’s holdings in iShares Russell 3000 ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Canandaigua National Bank & Trust Co. lifted its stake in shares of iShares Russell 3000 ETF by 3.2% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 3,846 shares of the company’s stock valued at $1,286,000 after acquiring an additional 118 shares during the last quarter. Synovus Financial Corp raised its position in iShares Russell 3000 ETF by 1.6% in the third quarter. Synovus Financial Corp now owns 6,793 shares of the company’s stock valued at $2,219,000 after purchasing an additional 109 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of iShares Russell 3000 ETF by 106.2% during the third quarter. Wilmington Savings Fund Society FSB now owns 23,738 shares of the company’s stock valued at $7,756,000 after purchasing an additional 12,225 shares in the last quarter. World Investment Advisors LLC grew its holdings in shares of iShares Russell 3000 ETF by 6.7% during the third quarter. World Investment Advisors LLC now owns 3,321 shares of the company’s stock worth $1,085,000 after purchasing an additional 209 shares during the last quarter. Finally, Rehmann Capital Advisory Group bought a new stake in shares of iShares Russell 3000 ETF during the third quarter worth about $452,000.

iShares Russell 3000 ETF Price Performance

IWV opened at $336.31 on Wednesday. iShares Russell 3000 ETF has a fifty-two week low of $268.93 and a fifty-two week high of $349.54. The company’s 50 day moving average price is $340.13 and its two-hundred day moving average price is $325.61. The firm has a market capitalization of $15.40 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).