iShares Russell 3000 ETF $IWV Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 48.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,046 shares of the company’s stock after selling 57,352 shares during the period. Royal Bank of Canada’s holdings in iShares Russell 3000 ETF were worth $22,628,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. American Family Investments Inc. boosted its position in iShares Russell 3000 ETF by 687.5% during the fourth quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock worth $105,161,000 after acquiring an additional 237,322 shares during the last quarter. Align Financial LLC acquired a new stake in iShares Russell 3000 ETF in the 4th quarter valued at about $69,589,000. Beacon Pointe Advisors LLC raised its holdings in iShares Russell 3000 ETF by 1,265.2% in the 4th quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock valued at $67,386,000 after acquiring an additional 161,432 shares during the last quarter. Calamos Advisors LLC purchased a new position in iShares Russell 3000 ETF in the 1st quarter worth approximately $57,055,000. Finally, Brown Advisory Inc. boosted its holdings in shares of iShares Russell 3000 ETF by 345.6% during the 4th quarter. Brown Advisory Inc. now owns 159,824 shares of the company’s stock worth $61,828,000 after purchasing an additional 123,953 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 0.3%

NYSEARCA IWV opened at $437.72 on Thursday. The business’s fifty day simple moving average is $424.66 and its 200-day simple moving average is $404.76. The firm has a market cap of $20.22 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 52 week low of $357.00 and a 52 week high of $442.06.

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.