Bessemer Group Inc. Trims Position in iShares Russell 3000 ETF $IWV

Bessemer Group Inc. cut its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 14.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,712 shares of the company’s stock after selling 24,602 shares during the period. Bessemer Group Inc.’s holdings in iShares Russell 3000 ETF were worth $55,982,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. McLean Asset Management Corp grew its stake in iShares Russell 3000 ETF by 1.8% in the fourth quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock worth $689,000 after purchasing an additional 31 shares during the period. Ashton Thomas Private Wealth LLC grew its stake in iShares Russell 3000 ETF by 1.9% in the third quarter. Ashton Thomas Private Wealth LLC now owns 1,715 shares of the company’s stock worth $650,000 after purchasing an additional 32 shares during the period. Harvest Investment Services LLC grew its stake in iShares Russell 3000 ETF by 0.6% in the third quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock worth $1,919,000 after purchasing an additional 32 shares during the period. Synovus Financial Corp grew its stake in iShares Russell 3000 ETF by 0.7% in the third quarter. Synovus Financial Corp now owns 4,904 shares of the company’s stock worth $1,859,000 after purchasing an additional 34 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in iShares Russell 3000 ETF by 0.9% in the fourth quarter. Sanctuary Advisors LLC now owns 4,617 shares of the company’s stock worth $1,786,000 after purchasing an additional 42 shares during the period.

iShares Russell 3000 ETF Stock Down 1.3%

Shares of IWV stock opened at $418.03 on Friday. The stock has a market cap of $19.35 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. The business’s fifty day moving average is $391.19 and its 200 day moving average is $389.45. iShares Russell 3000 ETF has a twelve month low of $327.25 and a twelve month high of $424.23.

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.