Intelligence Driven Advisers LLC Has $4.98 Million Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Intelligence Driven Advisers LLC lowered its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 40.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,900 shares of the company’s stock after selling 10,293 shares during the period. iShares Russell 3000 ETF accounts for 0.9% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 16th largest holding. Intelligence Driven Advisers LLC’s holdings in iShares Russell 3000 ETF were worth $4,980,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Grant GrossMendelsohn LLC raised its holdings in iShares Russell 3000 ETF by 3.2% during the fourth quarter. Grant GrossMendelsohn LLC now owns 1,135 shares of the company’s stock valued at $379,000 after buying an additional 35 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares Russell 3000 ETF by 36.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after acquiring an additional 36 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its stake in shares of iShares Russell 3000 ETF by 3.4% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,167 shares of the company’s stock valued at $390,000 after acquiring an additional 38 shares in the last quarter. Dakota Wealth Management lifted its holdings in iShares Russell 3000 ETF by 0.7% in the 4th quarter. Dakota Wealth Management now owns 6,732 shares of the company’s stock worth $2,250,000 after purchasing an additional 44 shares during the last quarter. Finally, Forum Financial Management LP lifted its holdings in iShares Russell 3000 ETF by 2.8% in the 3rd quarter. Forum Financial Management LP now owns 1,626 shares of the company’s stock worth $531,000 after purchasing an additional 45 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 0.4 %

Shares of IWV stock opened at $344.87 on Thursday. iShares Russell 3000 ETF has a 12 month low of $280.77 and a 12 month high of $349.54. The company has a market cap of $15.80 billion, a PE ratio of 24.59 and a beta of 1.03. The business’s 50 day moving average is $341.86 and its two-hundred day moving average is $330.86.

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).