Abound Wealth Management Lowers Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Abound Wealth Management cut its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 11.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 343 shares of the company’s stock after selling 45 shares during the quarter. Abound Wealth Management’s holdings in iShares Russell 3000 ETF were worth $109,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Russell 3000 ETF by 3.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 35,964 shares of the company’s stock worth $11,424,000 after purchasing an additional 1,314 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of iShares Russell 3000 ETF by 10.2% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 875 shares of the company’s stock valued at $278,000 after buying an additional 81 shares in the last quarter. Simon Quick Advisors LLC raised its position in shares of iShares Russell 3000 ETF by 17.1% during the 1st quarter. Simon Quick Advisors LLC now owns 13,883 shares of the company’s stock valued at $4,410,000 after buying an additional 2,030 shares in the last quarter. Strategic Equity Management raised its position in shares of iShares Russell 3000 ETF by 4.6% during the 1st quarter. Strategic Equity Management now owns 52,582 shares of the company’s stock valued at $16,702,000 after buying an additional 2,300 shares in the last quarter. Finally, Wealthcare Capital Management LLC raised its position in shares of iShares Russell 3000 ETF by 6.3% during the 1st quarter. Wealthcare Capital Management LLC now owns 10,624 shares of the company’s stock valued at $3,375,000 after buying an additional 633 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

iShares Russell 3000 ETF stock opened at $339.06 on Monday. The firm’s fifty day moving average price is $322.36 and its 200-day moving average price is $330.70. The stock has a market cap of $15.27 billion, a P/E ratio of 24.00 and a beta of 1.03. iShares Russell 3000 ETF has a fifty-two week low of $273.60 and a fifty-two week high of $350.23.

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).