iShares Russell 3000 ETF $IWV Shares Sold by Grove Bank & Trust

Grove Bank & Trust decreased its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 85.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 500 shares of the company’s stock after selling 2,900 shares during the quarter. Grove Bank & Trust’s holdings in iShares Russell 3000 ETF were worth $213,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWV. SCS Capital Management LLC grew its stake in shares of iShares Russell 3000 ETF by 0.4% in the 4th quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock valued at $725,266,000 after purchasing an additional 8,384 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Russell 3000 ETF by 6.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock worth $591,538,000 after purchasing an additional 86,391 shares during the period. Bank of America Corp DE grew its position in iShares Russell 3000 ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 923,534 shares of the company’s stock valued at $342,336,000 after buying an additional 94,283 shares during the last quarter. UNC Management Company Inc. grew its position in iShares Russell 3000 ETF by 0.3% in the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after buying an additional 1,506 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after buying an additional 61,982 shares during the period.

iShares Russell 3000 ETF Stock Performance

Shares of iShares Russell 3000 ETF stock opened at $437.72 on Thursday. iShares Russell 3000 ETF has a one year low of $357.00 and a one year high of $442.06. The company has a market cap of $20.22 billion, a P/E ratio of 25.11 and a beta of 1.01. The firm has a fifty day moving average of $424.66 and a two-hundred day moving average of $404.76.

iShares Russell 3000 ETF 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.