Sax Wealth Advisors LLC Cuts Stock Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Sax Wealth Advisors LLC decreased its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,805 shares of the company’s stock after selling 218 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $3,203,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Family Firm Inc. grew its stake in shares of iShares Russell 3000 ETF by 313.7% during the 2nd quarter. Family Firm Inc. now owns 856,336 shares of the company’s stock worth $264,325,000 after acquiring an additional 649,319 shares during the period. LPL Financial LLC grew its stake in shares of iShares Russell 3000 ETF by 3.5% during the 2nd quarter. LPL Financial LLC now owns 455,343 shares of the company’s stock worth $140,551,000 after acquiring an additional 15,501 shares during the period. Tlwm grew its stake in shares of iShares Russell 3000 ETF by 0.9% during the 3rd quarter. Tlwm now owns 292,761 shares of the company’s stock worth $95,653,000 after acquiring an additional 2,485 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of iShares Russell 3000 ETF during the 2nd quarter worth $683,000. Finally, Captrust Financial Advisors grew its stake in shares of iShares Russell 3000 ETF by 20.0% during the 1st quarter. Captrust Financial Advisors now owns 205,344 shares of the company’s stock worth $61,620,000 after acquiring an additional 34,203 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $332.19 on Friday. The company has a market capitalization of $15.21 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a fifty-two week low of $233.54 and a fifty-two week high of $334.03. The stock has a fifty day moving average of $320.27 and a 200-day moving average of $308.68.

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).