Fifth Third Bancorp Sells 262 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Fifth Third Bancorp lowered its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 73,601 shares of the company’s stock after selling 262 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 3000 ETF were worth $24,601,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IWV. Eclectic Associates Inc. ADV purchased a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at approximately $810,000. McGlone Suttner Wealth Management Inc. purchased a new position in iShares Russell 3000 ETF during the fourth quarter valued at $2,803,000. Veracity Capital LLC lifted its position in iShares Russell 3000 ETF by 30.5% during the fourth quarter. Veracity Capital LLC now owns 967 shares of the company’s stock valued at $323,000 after buying an additional 226 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of iShares Russell 3000 ETF by 126.8% during the 4th quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after buying an additional 71 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of iShares Russell 3000 ETF by 22.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 5,722 shares of the company’s stock worth $1,913,000 after acquiring an additional 1,058 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA IWV opened at $348.02 on Friday. The stock has a market cap of $15.94 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 1 year low of $276.42 and a 1 year high of $349.54. The firm has a 50-day moving average of $341.35 and a 200 day moving average of $328.04.

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).