Intelligence Driven Advisers LLC Has $4.98 Million Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Intelligence Driven Advisers LLC lessened its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 40.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,900 shares of the company’s stock after selling 10,293 shares during the quarter. iShares Russell 3000 ETF makes up approximately 0.9% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 16th largest position. Intelligence Driven Advisers LLC’s holdings in iShares Russell 3000 ETF were worth $4,980,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in iShares Russell 3000 ETF in the 3rd quarter worth approximately $33,000. Blue Trust Inc. grew its stake in shares of iShares Russell 3000 ETF by 384.0% in the third quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after acquiring an additional 96 shares during the last quarter. Avior Wealth Management LLC raised its stake in iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after purchasing an additional 71 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in iShares Russell 3000 ETF by 36.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after purchasing an additional 36 shares during the period. Finally, TFC Financial Management Inc. bought a new stake in iShares Russell 3000 ETF in the 4th quarter valued at $125,000.

iShares Russell 3000 ETF Stock Performance

NYSEARCA:IWV opened at $344.87 on Thursday. The firm’s 50-day moving average is $341.86 and its 200-day moving average is $330.86. The company has a market cap of $15.80 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52-week low of $280.77 and a 52-week high of $349.54.

iShares Russell 3000 ETF 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).