Lowe Brockenbrough & Co. Inc. Sells 6,425 Shares of iShares Russell 3000 ETF $IWV

Lowe Brockenbrough & Co. Inc. decreased its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 33.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,672 shares of the company’s stock after selling 6,425 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell 3000 ETF were worth $4,902,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sittner & Nelson LLC bought a new stake in iShares Russell 3000 ETF in the 4th quarter worth approximately $25,000. Smithfield Trust Co bought a new stake in iShares Russell 3000 ETF in the 4th quarter worth approximately $30,000. LRI Investments LLC bought a new stake in iShares Russell 3000 ETF in the 4th quarter worth approximately $39,000. Laurel Wealth Advisors LLC bought a new stake in iShares Russell 3000 ETF in the 4th quarter worth approximately $64,000. Finally, Lodestone Wealth Management LLC bought a new stake in iShares Russell 3000 ETF in the 4th quarter worth approximately $64,000.

iShares Russell 3000 ETF Stock Down 2.6%

iShares Russell 3000 ETF stock opened at $418.71 on Friday. The company’s 50-day moving average price is $404.92 and its 200-day moving average price is $393.53. iShares Russell 3000 ETF has a twelve month low of $336.42 and a twelve month high of $431.32. The company has a market cap of $19.39 billion, a PE ratio of 25.11 and a beta of 1.01.

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). 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.