Calamos Wealth Management LLC Cuts Stake in iShares Russell 3000 ETF $IWV

Calamos Wealth Management LLC reduced its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 11.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,379 shares of the company’s stock after selling 20,741 shares during the period. iShares Russell 3000 ETF makes up 2.1% of Calamos Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Calamos Wealth Management LLC owned approximately 0.33% of iShares Russell 3000 ETF worth $60,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 3000 ETF in the third quarter worth $28,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares Russell 3000 ETF in the fourth quarter worth $64,000. Missouri Trust & Investment Co purchased a new stake in shares of iShares Russell 3000 ETF in the third quarter worth $63,000. Arcadia Investment Management Corp MI purchased a new stake in shares of iShares Russell 3000 ETF in the third quarter worth $66,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell 3000 ETF in the third quarter worth $92,000.

iShares Russell 3000 ETF Trading Up 0.7%

NYSEARCA IWV opened at $406.24 on Friday. iShares Russell 3000 ETF has a 12 month low of $307.73 and a 12 month high of $406.44. The stock has a market cap of $18.77 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock’s fifty day moving average price is $385.05 and its 200-day moving average price is $386.26.

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). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.