Family Firm Inc. Sells 701,588 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Family Firm Inc. lessened its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 78.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 196,757 shares of the company’s stock after selling 701,588 shares during the period. iShares Russell 3000 ETF makes up about 11.3% of Family Firm Inc.’s investment portfolio, making the stock its biggest holding. Family Firm Inc. owned about 0.43% of iShares Russell 3000 ETF worth $65,766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. raised its position in shares of iShares Russell 3000 ETF by 305.2% in the third quarter. Assetmark Inc. now owns 1,005 shares of the company’s stock valued at $328,000 after purchasing an additional 757 shares during the period. Zions Bancorporation N.A. bought a new position in shares of iShares Russell 3000 ETF in the third quarter worth $1,068,000. Curi RMB Capital LLC raised its stake in iShares Russell 3000 ETF by 5.0% in the third quarter. Curi RMB Capital LLC now owns 11,031 shares of the company’s stock valued at $3,604,000 after purchasing an additional 529 shares in the last quarter. RIA Advisory Group LLC acquired a new stake in iShares Russell 3000 ETF during the third quarter worth about $277,000. Finally, Yardley Wealth Management LLC bought a new position in iShares Russell 3000 ETF in the 3rd quarter valued at about $1,967,000.

iShares Russell 3000 ETF Trading Up 2.2 %

Shares of iShares Russell 3000 ETF stock opened at $319.89 on Friday. The company has a market cap of $14.59 billion, a PE ratio of 24.60 and a beta of 1.04. The company has a 50 day moving average of $338.66 and a 200-day moving average of $334.44. iShares Russell 3000 ETF has a 1-year low of $282.38 and a 1-year high of $350.23.

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).