Chesapeake Wealth Management Sells 949 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Chesapeake Wealth Management decreased its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 7.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,065 shares of the company’s stock after selling 949 shares during the period. iShares Russell 3000 ETF comprises approximately 1.4% of Chesapeake Wealth Management’s investment portfolio, making the stock its 22nd biggest holding. Chesapeake Wealth Management’s holdings in iShares Russell 3000 ETF were worth $4,033,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in iShares Russell 3000 ETF in the third quarter worth approximately $33,000. Blue Trust Inc. increased its position in shares of iShares Russell 3000 ETF by 384.0% during the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after purchasing an additional 96 shares in the last quarter. Federated Hermes Inc. increased its position in shares of iShares Russell 3000 ETF by 142.1% during the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after purchasing an additional 81 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of iShares Russell 3000 ETF by 36.0% during the third quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after purchasing an additional 36 shares in the last quarter. Finally, Key Financial Inc increased its position in shares of iShares Russell 3000 ETF by 18.9% during the third quarter. Key Financial Inc now owns 472 shares of the company’s stock worth $154,000 after purchasing an additional 75 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.9 %

Shares of IWV stock opened at $341.94 on Tuesday. The business’s fifty day simple moving average is $340.78 and its 200-day simple moving average is $327.10. The company has a market cap of $15.66 billion, a PE ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 12-month low of $270.57 and a 12-month high of $349.54.

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).