Outlook Wealth Advisors LLC Reduces Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Outlook Wealth Advisors LLC reduced its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 16.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,068 shares of the company’s stock after selling 205 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $320,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IWV. Financial Connections Group Inc. bought a new stake in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $32,000. Silver Oak Securities Incorporated bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter worth about $41,000. Tidemark LLC purchased a new position in iShares Russell 3000 ETF during the 4th quarter valued at about $41,000. HBC Financial Services PLLC boosted its stake in iShares Russell 3000 ETF by 17.7% during the third quarter. HBC Financial Services PLLC now owns 399 shares of the company’s stock worth $97,000 after acquiring an additional 60 shares in the last quarter. Finally, Pittenger & Anderson Inc. purchased a new stake in iShares Russell 3000 ETF in the third quarter worth about $127,000.

iShares Russell 3000 ETF Price Performance

IWV stock traded up $2.85 on Friday, reaching $290.72. 103,406 shares of the company traded hands, compared to its average volume of 245,503. The firm has a fifty day simple moving average of $292.82 and a 200-day simple moving average of $274.30. The company has a market cap of $13.21 billion, a P/E ratio of 23.89 and a beta of 1.03. iShares Russell 3000 ETF has a one year low of $231.02 and a one year high of $300.72.

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).