Martin Capital Advisors LLP Sells 270 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Martin Capital Advisors LLP cut its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 9.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,540 shares of the company’s stock after selling 270 shares during the period. Martin Capital Advisors LLP’s holdings in iShares Russell 3000 ETF were worth $695,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWV. Financial Connections Group Inc. acquired a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $32,000. Fortis Capital Advisors LLC acquired a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $32,000. Silver Oak Securities Incorporated acquired a new stake in iShares Russell 3000 ETF in the third quarter valued at approximately $41,000. Russell Investments Group Ltd. acquired a new stake in iShares Russell 3000 ETF in the second quarter valued at approximately $64,000. Finally, Sunbelt Securities Inc. acquired a new stake in iShares Russell 3000 ETF in the first quarter valued at approximately $75,000.

iShares Russell 3000 ETF Stock Performance

IWV traded down $2.07 during trading on Friday, hitting $283.16. The stock had a trading volume of 117,207 shares, compared to its average volume of 255,007. The company has a market capitalization of $12.88 billion, a PE ratio of 24.50 and a beta of 1.03. iShares Russell 3000 ETF has a twelve month low of $231.02 and a twelve month high of $300.72. The stock has a 50 day simple moving average of $292.65 and a two-hundred day simple moving average of $272.49.

iShares Russell 3000 ETF 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).