iShares Russell 3000 ETF (NYSEARCA:IWV) Stake Lessened by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. cut its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 26.0% in the 4th quarter, HoldingsChannel reports. The fund owned 1,009 shares of the company’s stock after selling 355 shares during the period. Eldridge Investment Advisors Inc.’s holdings in iShares Russell 3000 ETF were worth $337,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of Jackson Hole Trust bought a new stake in iShares Russell 3000 ETF during the fourth quarter worth approximately $25,000. Truvestments Capital LLC bought a new stake in iShares Russell 3000 ETF during the third quarter worth approximately $33,000. Principal Securities Inc. boosted its holdings in iShares Russell 3000 ETF by 237.5% during the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock worth $36,000 after buying an additional 76 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in iShares Russell 3000 ETF by 126.8% during the fourth quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock worth $43,000 after buying an additional 71 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in iShares Russell 3000 ETF by 36.0% during the third quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after buying an additional 36 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV opened at $319.89 on Friday. The stock has a market capitalization of $14.59 billion, a price-to-earnings ratio of 24.60 and a beta of 1.04. iShares Russell 3000 ETF has a 1-year low of $282.38 and a 1-year high of $350.23. The company has a 50 day moving average price of $338.66 and a 200 day moving average price of $334.54.

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).