LM Advisors LLC Has $1.48 Million Holdings in iShares Russell 3000 ETF $IWV

LM Advisors LLC trimmed its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 61.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,818 shares of the company’s stock after selling 6,031 shares during the period. iShares Russell 3000 ETF accounts for approximately 0.9% of LM Advisors LLC’s holdings, making the stock its 16th largest position. LM Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $1,477,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. SCS Capital Management LLC lifted its position in shares of iShares Russell 3000 ETF by 0.4% during the fourth quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock worth $725,266,000 after purchasing an additional 8,384 shares in the last quarter. Goldman Sachs Group Inc. lifted its position 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 in the last quarter. UNC Management Company Inc. lifted its position in shares of iShares Russell 3000 ETF by 0.3% during the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after purchasing an additional 1,506 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Russell 3000 ETF by 16.0% during the second quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock worth $158,217,000 after purchasing an additional 61,982 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of iShares Russell 3000 ETF by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 351,056 shares of the company’s stock worth $135,806,000 after purchasing an additional 1,077 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.5%

Shares of IWV stock opened at $422.01 on Friday. iShares Russell 3000 ETF has a 1 year low of $336.42 and a 1 year high of $431.32. The firm’s 50 day moving average is $410.11 and its 200-day moving average is $395.10. The firm has a market capitalization of $19.54 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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). 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.