Linscomb Wealth Inc. Trims Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Linscomb Wealth Inc. lowered its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 12.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,364 shares of the company’s stock after selling 193 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell 3000 ETF were worth $421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IWV. Family Firm Inc. increased its position in shares of iShares Russell 3000 ETF by 313.7% during the second quarter. Family Firm Inc. now owns 856,336 shares of the company’s stock valued at $264,325,000 after buying an additional 649,319 shares during the period. Strategic Financial Concepts LLC bought a new stake in iShares Russell 3000 ETF during the second quarter worth about $683,000. Waverly Advisors LLC boosted its stake in iShares Russell 3000 ETF by 103.3% during the first quarter. Waverly Advisors LLC now owns 189,493 shares of the company’s stock worth $56,863,000 after acquiring an additional 96,291 shares in the last quarter. Northern Trust Corp boosted its stake in iShares Russell 3000 ETF by 6.0% during the fourth quarter. Northern Trust Corp now owns 1,122,699 shares of the company’s stock worth $307,328,000 after acquiring an additional 63,240 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares Russell 3000 ETF by 217.1% during the first quarter. Cetera Investment Advisers now owns 66,913 shares of the company’s stock worth $20,079,000 after acquiring an additional 45,811 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

NYSEARCA:IWV opened at $314.79 on Thursday. iShares Russell 3000 ETF has a one year low of $233.54 and a one year high of $322.19. The company’s 50-day simple moving average is $312.82 and its 200 day simple moving average is $303.19. The firm has a market capitalization of $14.42 billion, a P/E ratio of 24.59 and a beta of 1.03.

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).