QRG Capital Management Inc. Reduces Holdings in iShares Russell 3000 ETF $IWV

QRG Capital Management Inc. cut its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 37.5% in the first quarter, Holdings Channel.com reports. The fund owned 3,036 shares of the company’s stock after selling 1,819 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares Russell 3000 ETF were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Sittner & Nelson LLC acquired a new stake in shares of iShares Russell 3000 ETF during the fourth quarter worth about $25,000. Smithfield Trust Co acquired a new stake in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $30,000. LRI Investments LLC acquired a new stake in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $39,000. Advocate Investing Services LLC purchased a new position in iShares Russell 3000 ETF during the 4th quarter worth approximately $49,000. Finally, Laurel Wealth Advisors LLC purchased a new position in iShares Russell 3000 ETF during the 4th quarter worth approximately $64,000.

iShares Russell 3000 ETF Stock Down 0.5%

IWV opened at $426.36 on Wednesday. iShares Russell 3000 ETF has a 52 week low of $351.20 and a 52 week high of $431.32. The business’s 50 day moving average is $420.78 and its two-hundred day moving average is $399.57. The firm has a market cap of $19.70 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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.