Bessemer Group Inc. Sells 7,230 Shares of iShares Russell 3000 ETF (NYSEARCA:IWV)

Bessemer Group Inc. cut its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 4.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 165,850 shares of the company’s stock after selling 7,230 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell 3000 ETF were worth $55,435,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in iShares Russell 3000 ETF in the 4th quarter worth about $25,000. Principal Securities Inc. increased its stake in shares of iShares Russell 3000 ETF by 237.5% in the fourth quarter. Principal Securities Inc. now owns 108 shares of the company’s stock valued at $36,000 after buying an additional 76 shares during the period. Avior Wealth Management LLC increased its stake in shares of iShares Russell 3000 ETF by 126.8% in the fourth quarter. Avior Wealth Management LLC now owns 127 shares of the company’s stock valued at $43,000 after buying an additional 71 shares during the period. Sunbelt Securities Inc. raised its holdings in iShares Russell 3000 ETF by 36.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after buying an additional 36 shares during the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new stake in iShares Russell 3000 ETF during the 4th quarter worth approximately $48,000.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA IWV opened at $308.35 on Thursday. The firm has a 50 day moving average price of $327.00 and a two-hundred day moving average price of $333.59. The stock has a market cap of $14.01 billion, a P/E ratio of 24.57 and a beta of 1.04. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $350.23.

About iShares Russell 3000 ETF

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).