iShares Russell 3000 ETF (NYSEARCA:IWV) Stock Position Cut by Forte Asset Management LLC

Forte Asset Management LLC reduced its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,479 shares of the company’s stock after selling 787 shares during the quarter. iShares Russell 3000 ETF makes up about 4.7% of Forte Asset Management LLC’s holdings, making the stock its 5th biggest holding. Forte Asset Management LLC owned about 0.06% of iShares Russell 3000 ETF worth $8,851,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its position in shares of iShares Russell 3000 ETF by 34,366.3% in the 3rd quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock worth $270,831,000 after buying an additional 826,509 shares during the period. Pitcairn Co. grew 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 valued at $182,624,000 after purchasing an additional 40,564 shares during the last quarter. LPL Financial LLC grew its position in iShares Russell 3000 ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 469,157 shares of the company’s stock valued at $153,288,000 after purchasing an additional 13,814 shares during the last quarter. Tlwm grew its position in iShares Russell 3000 ETF by 0.6% during the 4th quarter. Tlwm now owns 294,384 shares of the company’s stock valued at $98,398,000 after purchasing an additional 1,623 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in iShares Russell 3000 ETF by 1.6% during the 3rd quarter. Captrust Financial Advisors now owns 244,475 shares of the company’s stock valued at $79,877,000 after purchasing an additional 3,871 shares during the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock opened at $343.06 on Tuesday. iShares Russell 3000 ETF has a one year low of $276.42 and a one year high of $349.54. The company’s 50-day moving average is $341.35 and its 200 day moving average is $328.21. The company has a market capitalization of $15.71 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

iShares Russell 3000 ETF Company 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).