iShares Russell 3000 ETF (NYSEARCA:IWV) Stake Lowered by Compass Financial Group Inc.

Compass Financial Group Inc. cut its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.4% during the third quarter, HoldingsChannel reports. The firm owned 58,381 shares of the company’s stock after selling 251 shares during the quarter. iShares Russell 3000 ETF comprises 8.8% of Compass Financial Group Inc.’s holdings, making the stock its 2nd largest position. Compass Financial Group Inc.’s holdings in iShares Russell 3000 ETF were worth $19,075,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWV. Financial Connections Group Inc. purchased a new stake in shares of iShares Russell 3000 ETF in the second quarter worth approximately $37,000. Blue Trust Inc. grew its stake in 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 purchasing an additional 96 shares in the last quarter. Denver PWM LLC bought a new position in iShares Russell 3000 ETF in the second quarter worth approximately $42,000. Federated Hermes Inc. grew its stake in iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after purchasing an additional 81 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares Russell 3000 ETF in the second quarter worth approximately $44,000.

iShares Russell 3000 ETF Stock Up 0.3 %

Shares of NYSEARCA:IWV opened at $343.56 on Tuesday. iShares Russell 3000 ETF has a 52-week low of $249.56 and a 52-week high of $344.04. The stock has a market cap of $15.74 billion, a P/E ratio of 24.59 and a beta of 1.03. The business’s 50 day moving average is $325.96 and its 200 day moving average is $313.77.

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).