Envestnet Portfolio Solutions Inc. Reduces Holdings in iShares Russell 3000 ETF $IWV

Envestnet Portfolio Solutions Inc. decreased its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 92.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 554 shares of the company’s stock after selling 6,669 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 3000 ETF were worth $210,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IWV. First Horizon Corp bought a new position in shares of iShares Russell 3000 ETF in the 3rd quarter worth about $15,623,000. Allspring Global Investments Holdings LLC grew its holdings in iShares Russell 3000 ETF by 9.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 27,651 shares of the company’s stock worth $10,478,000 after purchasing an additional 2,328 shares during the period. Alpha Cubed Investments LLC purchased a new stake in iShares Russell 3000 ETF in the second quarter worth about $208,000. Cambridge Financial Group LLC bought a new position in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $1,405,000. Finally, Acropolis Investment Management LLC lifted its holdings in shares of iShares Russell 3000 ETF by 236.4% during the third quarter. Acropolis Investment Management LLC now owns 2,355 shares of the company’s stock valued at $827,000 after purchasing an additional 1,655 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 0.8%

Shares of IWV opened at $391.82 on Wednesday. The stock has a market cap of $18.44 billion, a P/E ratio of 25.11 and a beta of 1.02. The business’s 50 day moving average price is $390.36 and its 200-day moving average price is $379.28. iShares Russell 3000 ETF has a 52 week low of $273.60 and a 52 week high of $397.05.

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.