LM Advisors LLC Sells 6,031 Shares of iShares Russell 3000 ETF $IWV

LM Advisors LLC lowered its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 61.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,818 shares of the company’s stock after selling 6,031 shares during the quarter. iShares Russell 3000 ETF accounts for about 0.9% of LM Advisors LLC’s investment portfolio, making the stock its 16th biggest position. LM Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $1,477,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. McLean Asset Management Corp increased its stake in iShares Russell 3000 ETF by 1.8% in the fourth quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock valued at $689,000 after acquiring an additional 31 shares during the period. Harvest Investment Services LLC increased its stake in iShares Russell 3000 ETF by 0.6% in the third quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock valued at $1,919,000 after acquiring an additional 32 shares during the period. Synovus Financial Corp increased its stake in iShares Russell 3000 ETF by 0.7% in the third quarter. Synovus Financial Corp now owns 4,904 shares of the company’s stock valued at $1,859,000 after acquiring an additional 34 shares during the period. Klingenstein Fields & Co. LP increased its stake in iShares Russell 3000 ETF by 0.3% in the fourth quarter. Klingenstein Fields & Co. LP now owns 14,900 shares of the company’s stock valued at $5,764,000 after acquiring an additional 38 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in iShares Russell 3000 ETF by 0.9% in the fourth quarter. Sanctuary Advisors LLC now owns 4,617 shares of the company’s stock valued at $1,786,000 after acquiring an additional 42 shares during the period.

iShares Russell 3000 ETF Stock Up 0.5%

NYSEARCA IWV opened at $422.01 on Friday. The stock has a market cap of $19.54 billion, a P/E ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a twelve month low of $336.42 and a twelve month high of $431.32. The company’s 50-day simple moving average is $410.11 and its 200 day simple moving average is $395.10.

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.