Cedar Wealth Management LLC Reduces Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Cedar Wealth Management LLC cut its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.7% during the fourth quarter, HoldingsChannel reports. The firm owned 15,009 shares of the company’s stock after selling 100 shares during the quarter. iShares Russell 3000 ETF accounts for 1.8% of Cedar Wealth Management LLC’s holdings, making the stock its 11th biggest position. Cedar Wealth Management LLC’s holdings in iShares Russell 3000 ETF were worth $5,017,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Park Avenue Securities LLC boosted its stake in iShares Russell 3000 ETF by 64.0% during the 4th quarter. Park Avenue Securities LLC now owns 2,250 shares of the company’s stock worth $752,000 after purchasing an additional 878 shares during the period. Janney Montgomery Scott LLC boosted its stake in iShares Russell 3000 ETF by 22.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 5,722 shares of the company’s stock worth $1,913,000 after purchasing an additional 1,058 shares during the period. Kestra Private Wealth Services LLC boosted its stake in iShares Russell 3000 ETF by 15.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 1,657 shares of the company’s stock worth $554,000 after purchasing an additional 218 shares during the period. Poinciana Advisors Group LLC acquired a new stake in iShares Russell 3000 ETF during the 4th quarter worth $535,000. Finally, Captrust Financial Advisors boosted its stake in iShares Russell 3000 ETF by 1.6% during the 3rd quarter. Captrust Financial Advisors now owns 244,475 shares of the company’s stock worth $79,877,000 after purchasing an additional 3,871 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $321.18 on Friday. The stock has a market cap of $14.65 billion, a P/E ratio of 24.60 and a beta of 1.04. The firm has a fifty day moving average price of $337.13 and a 200 day moving average price of $334.62. iShares Russell 3000 ETF has a 1-year low of $282.38 and a 1-year high of $350.23.

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).