Cetera Advisors LLC Reduces Stock Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Cetera Advisors LLC lessened its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 18.1% in the first quarter, Holdings Channel reports. The fund owned 12,419 shares of the company’s stock after selling 2,752 shares during the quarter. Cetera Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $3,727,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its stake in iShares Russell 3000 ETF by 1.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 2,209 shares of the company’s stock valued at $663,000 after purchasing an additional 35 shares in the last quarter. Alesco Advisors LLC grew its position in shares of iShares Russell 3000 ETF by 0.4% during the fourth quarter. Alesco Advisors LLC now owns 9,543 shares of the company’s stock worth $2,612,000 after buying an additional 36 shares in the last quarter. Valmark Advisers Inc. increased its stake in shares of iShares Russell 3000 ETF by 1.4% in the fourth quarter. Valmark Advisers Inc. now owns 2,835 shares of the company’s stock worth $776,000 after buying an additional 38 shares during the last quarter. Wedmont Private Capital raised its holdings in iShares Russell 3000 ETF by 0.6% in the first quarter. Wedmont Private Capital now owns 8,416 shares of the company’s stock valued at $2,505,000 after acquiring an additional 48 shares in the last quarter. Finally, McClarren Financial Advisors Inc. boosted its stake in iShares Russell 3000 ETF by 0.6% during the 4th quarter. McClarren Financial Advisors Inc. now owns 10,660 shares of the company’s stock valued at $2,918,000 after acquiring an additional 65 shares during the last quarter.

iShares Russell 3000 ETF Trading Down 2.0 %

IWV stock traded down $6.14 during mid-day trading on Friday, hitting $303.63. 134,690 shares of the company were exchanged, compared to its average volume of 182,648. The company has a market capitalization of $13.91 billion, a PE ratio of 24.59 and a beta of 1.03. The firm has a fifty day simple moving average of $309.38 and a 200 day simple moving average of $297.33. iShares Russell 3000 ETF has a twelve month low of $233.54 and a twelve month high of $322.19.

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).