Diversified Portfolios Inc. Has $21.85 Million Holdings in iShares Russell 3000 ETF $IWV

Diversified Portfolios Inc. lessened its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.1% during the fourth quarter, Holdings Channel reports. The fund owned 56,470 shares of the company’s stock after selling 1,227 shares during the period. iShares Russell 3000 ETF makes up 1.8% of Diversified Portfolios Inc.’s holdings, making the stock its 12th largest holding. Diversified Portfolios Inc.’s holdings in iShares Russell 3000 ETF were worth $21,845,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Harbour Investments Inc. raised its stake in iShares Russell 3000 ETF by 22.9% in the 4th quarter. Harbour Investments Inc. now owns 1,169 shares of the company’s stock valued at $452,000 after acquiring an additional 218 shares during the period. 12th Street Asset Management Company LLC bought a new stake in iShares Russell 3000 ETF in the 4th quarter valued at $1,566,000. MSH Capital Advisors LLC raised its stake in iShares Russell 3000 ETF by 12.1% in the 4th quarter. MSH Capital Advisors LLC now owns 2,136 shares of the company’s stock valued at $826,000 after acquiring an additional 231 shares during the period. Clearstead Advisors LLC raised its stake in iShares Russell 3000 ETF by 0.3% in the 4th quarter. Clearstead Advisors LLC now owns 101,977 shares of the company’s stock valued at $39,450,000 after acquiring an additional 311 shares during the period. Finally, Glenview Trust Co raised its stake in iShares Russell 3000 ETF by 2.3% in the 4th quarter. Glenview Trust Co now owns 2,858 shares of the company’s stock valued at $1,106,000 after acquiring an additional 65 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV opened at $422.50 on Tuesday. iShares Russell 3000 ETF has a 1-year low of $327.25 and a 1-year high of $424.41. The stock’s fifty day simple moving average is $395.49 and its 200 day simple moving average is $390.82. The stock has a market cap of $19.56 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.