Fiduciary Trust Co Sells 1,048 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Fiduciary Trust Co lowered its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 4.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,244 shares of the company’s stock after selling 1,048 shares during the quarter. Fiduciary Trust Co owned about 0.05% of iShares Russell 3000 ETF worth $7,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in shares of iShares Russell 3000 ETF by 34,366.3% during the third quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock valued at $270,831,000 after buying an additional 826,509 shares during the last quarter. Family Firm Inc. raised its stake in iShares Russell 3000 ETF by 313.7% in the second quarter. Family Firm Inc. now owns 856,336 shares of the company’s stock valued at $264,325,000 after buying an additional 649,319 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares Russell 3000 ETF in the 2nd quarter worth $683,000. Campbell Wealth Management acquired a new stake in shares of iShares Russell 3000 ETF in the third quarter worth $19,943,000. Finally, Cetera Investment Advisers raised its position in shares of iShares Russell 3000 ETF by 217.1% in the first quarter. Cetera Investment Advisers now owns 66,913 shares of the company’s stock worth $20,079,000 after acquiring an additional 45,811 shares during the period.

iShares Russell 3000 ETF Price Performance

Shares of IWV stock opened at $344.09 on Friday. The company has a market cap of $15.76 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. The stock has a 50 day simple moving average of $332.37 and a 200-day simple moving average of $317.83. iShares Russell 3000 ETF has a 1-year low of $258.83 and a 1-year high of $345.74.

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).