iShares Russell 3000 ETF $IWV Shares Sold by Balentine LLC

Balentine LLC lowered its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 6.3% in the first quarter, Holdings Channel.com reports. The fund owned 43,843 shares of the company’s stock after selling 2,942 shares during the quarter. iShares Russell 3000 ETF makes up approximately 0.7% of Balentine LLC’s portfolio, making the stock its 17th biggest holding. Balentine LLC’s holdings in iShares Russell 3000 ETF were worth $16,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of IWV. Sittner & Nelson LLC acquired a new stake in iShares Russell 3000 ETF in the 4th quarter valued at about $25,000. Smithfield Trust Co purchased a new stake in shares of iShares Russell 3000 ETF in the fourth quarter valued at approximately $30,000. LRI Investments LLC acquired a new stake in shares of iShares Russell 3000 ETF in the fourth quarter valued at approximately $39,000. Advocate Investing Services LLC acquired a new stake in shares of iShares Russell 3000 ETF in the fourth quarter valued at approximately $49,000. Finally, Lodestone Wealth Management LLC purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth approximately $64,000.

iShares Russell 3000 ETF Stock Performance

Shares of iShares Russell 3000 ETF stock opened at $425.58 on Thursday. The business’s 50 day moving average price is $418.99 and its 200 day moving average price is $398.41. The company has a market cap of $19.43 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a one year low of $350.78 and a one year high of $431.32.

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.