Caprock Group LLC Cuts Stock Position in iShares Russell 3000 ETF $IWV

Caprock Group LLC lowered its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 125,252 shares of the company’s stock after selling 1,624 shares during the period. iShares Russell 3000 ETF makes up about 1.0% of Caprock Group LLC’s portfolio, making the stock its 19th largest position. Caprock Group LLC owned approximately 0.27% of iShares Russell 3000 ETF worth $48,454,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWV. Benchmark Financial LLC purchased a new stake in iShares Russell 3000 ETF during the 4th quarter worth approximately $263,000. Davidson Investment Advisors grew its position in iShares Russell 3000 ETF by 16.7% during the 4th quarter. Davidson Investment Advisors now owns 1,050 shares of the company’s stock worth $406,000 after purchasing an additional 150 shares during the last quarter. Earned Wealth Advisors LLC grew its position in iShares Russell 3000 ETF by 21.8% during the 4th quarter. Earned Wealth Advisors LLC now owns 698 shares of the company’s stock worth $270,000 after purchasing an additional 125 shares during the last quarter. Moran Wealth Management LLC purchased a new stake in iShares Russell 3000 ETF during the 4th quarter worth approximately $7,219,000. Finally, Merit Financial Group LLC grew its position in iShares Russell 3000 ETF by 278.9% during the 4th quarter. Merit Financial Group LLC now owns 3,399 shares of the company’s stock worth $1,315,000 after purchasing an additional 2,502 shares during the last quarter.

iShares Russell 3000 ETF Trading Down 0.7%

NYSEARCA:IWV opened at $401.32 on Wednesday. The company has a market cap of $18.54 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a twelve month low of $295.30 and a twelve month high of $405.83. The company’s 50 day moving average is $384.16 and its two-hundred day moving average is $385.84.

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.