Intelligence Driven Advisers LLC Sells 1,617 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Intelligence Driven Advisers LLC lessened its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 6.0% during the third quarter, Holdings Channel reports. The fund owned 25,193 shares of the company’s stock after selling 1,617 shares during the period. iShares Russell 3000 ETF makes up 1.2% of Intelligence Driven Advisers LLC’s holdings, making the stock its 15th largest holding. Intelligence Driven Advisers LLC’s holdings in iShares Russell 3000 ETF were worth $8,231,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Financial Connections Group Inc. bought a new stake in shares of iShares Russell 3000 ETF during the second quarter worth approximately $37,000. Blue Trust Inc. boosted its stake in iShares Russell 3000 ETF by 384.0% in the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after purchasing an additional 96 shares during the period. Denver PWM LLC acquired a new position in iShares Russell 3000 ETF in the 2nd quarter valued at $42,000. Federated Hermes Inc. increased its position in iShares Russell 3000 ETF by 142.1% during the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after buying an additional 81 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in shares of iShares Russell 3000 ETF during the second quarter worth $44,000.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock traded down $0.54 on Thursday, hitting $341.37. The company’s stock had a trading volume of 11,632 shares, compared to its average volume of 169,025. iShares Russell 3000 ETF has a fifty-two week low of $255.58 and a fifty-two week high of $344.04. The company has a market capitalization of $15.63 billion, a PE ratio of 24.59 and a beta of 1.03. The stock’s 50 day moving average is $327.08 and its 200-day moving average is $314.32.

About iShares Russell 3000 ETF

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).