Chesapeake Wealth Management Sells 180 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Chesapeake Wealth Management cut its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,014 shares of the company’s stock after selling 180 shares during the period. iShares Russell 3000 ETF comprises approximately 1.5% of Chesapeake Wealth Management’s investment portfolio, making the stock its 19th biggest position. Chesapeake Wealth Management’s holdings in iShares Russell 3000 ETF were worth $4,252,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of IWV. Anchor Investment Management LLC increased its holdings in iShares Russell 3000 ETF by 4.4% in the 2nd quarter. Anchor Investment Management LLC now owns 790 shares of the company’s stock worth $244,000 after purchasing an additional 33 shares in the last quarter. Fluent Financial LLC increased its stake in shares of iShares Russell 3000 ETF by 3.2% in the second quarter. Fluent Financial LLC now owns 1,095 shares of the company’s stock valued at $338,000 after buying an additional 34 shares during the period. Strategic Blueprint LLC raised its holdings in iShares Russell 3000 ETF by 0.7% in the 2nd quarter. Strategic Blueprint LLC now owns 4,983 shares of the company’s stock valued at $1,538,000 after buying an additional 37 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in iShares Russell 3000 ETF by 4.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 821 shares of the company’s stock valued at $253,000 after buying an additional 38 shares during the last quarter. Finally, ETF Portfolio Partners Inc. boosted its position in iShares Russell 3000 ETF by 0.8% during the 2nd quarter. ETF Portfolio Partners Inc. now owns 5,277 shares of the company’s stock worth $1,629,000 after buying an additional 41 shares during the period.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA IWV opened at $336.53 on Tuesday. The firm has a 50 day moving average price of $328.67 and a two-hundred day moving average price of $315.53. The stock has a market cap of $15.41 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52-week low of $257.03 and a 52-week high of $344.04.

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).