Davis R M Inc. Trims Stock Position in iShares Russell 3000 ETF (NYSEARCA:IWV)

Davis R M Inc. decreased its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,477 shares of the company’s stock after selling 795 shares during the period. Davis R M Inc.’s holdings in iShares Russell 3000 ETF were worth $52,106,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pitcairn Co. grew its position in iShares Russell 3000 ETF by 7.8% in the third quarter. Pitcairn Co. now owns 558,944 shares of the company’s stock worth $182,624,000 after acquiring an additional 40,564 shares during the period. Kingsview Wealth Management LLC raised its holdings in iShares Russell 3000 ETF by 706.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 11,195 shares of the company’s stock valued at $3,658,000 after buying an additional 9,807 shares during the period. Optivise Advisory Services LLC purchased a new stake in iShares Russell 3000 ETF in the 3rd quarter valued at about $1,025,000. Nwam LLC purchased a new position in iShares Russell 3000 ETF during the third quarter worth about $297,000. Finally, Meridian Wealth Management LLC purchased a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter valued at approximately $432,000.

iShares Russell 3000 ETF Stock Up 0.5 %

Shares of NYSEARCA IWV opened at $342.28 on Monday. The business’s 50 day moving average is $330.57 and its two-hundred day moving average is $316.80. iShares Russell 3000 ETF has a 52-week low of $258.83 and a 52-week high of $344.04. The firm has a market cap of $15.68 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

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).