M&T Bank Corp Sells 18,386 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

M&T Bank Corp trimmed its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 56.1% in the third quarter, HoldingsChannel reports. The firm owned 14,404 shares of the company’s stock after selling 18,386 shares during the quarter. M&T Bank Corp’s holdings in iShares Russell 3000 ETF were worth $4,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of iShares Russell 3000 ETF during the third quarter worth approximately $33,000. Financial Connections Group Inc. acquired a new position in iShares Russell 3000 ETF in the 2nd quarter valued at $37,000. Blue Trust Inc. increased its position in iShares Russell 3000 ETF by 384.0% during the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock worth $37,000 after buying an additional 96 shares during the period. Denver PWM LLC acquired a new stake in shares of iShares Russell 3000 ETF during the second quarter worth $42,000. Finally, Federated Hermes Inc. boosted its position in shares of iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock valued at $43,000 after acquiring an additional 81 shares during the period.

iShares Russell 3000 ETF Stock Performance

IWV stock opened at $346.37 on Friday. iShares Russell 3000 ETF has a 52 week low of $265.79 and a 52 week high of $349.54. The company has a market capitalization of $15.86 billion, a PE ratio of 24.59 and a beta of 1.03. The company’s 50-day simple moving average is $336.36 and its 200 day simple moving average is $320.82.

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).