SCS Capital Management LLC Sells 27,189 Shares of iShares Russell 3000 ETF $IWV

SCS Capital Management LLC trimmed its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.4% during the 2nd quarter, Holdings Channel reports. The fund owned 1,875,573 shares of the company’s stock after selling 27,189 shares during the quarter. iShares Russell 3000 ETF makes up about 7.3% of SCS Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. SCS Capital Management LLC’s holdings in iShares Russell 3000 ETF were worth $658,326,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthShield Partners LLC boosted its position in iShares Russell 3000 ETF by 56.3% during the first quarter. WealthShield Partners LLC now owns 561 shares of the company’s stock worth $178,000 after purchasing an additional 202 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of iShares Russell 3000 ETF by 2.3% during the 1st quarter. Chicago Partners Investment Group LLC now owns 17,032 shares of the company’s stock valued at $5,431,000 after buying an additional 377 shares in the last quarter. WBH Advisory Inc. grew its stake in iShares Russell 3000 ETF by 19.1% in the 1st quarter. WBH Advisory Inc. now owns 731 shares of the company’s stock valued at $232,000 after acquiring an additional 117 shares during the period. AlphaCore Capital LLC increased its holdings in iShares Russell 3000 ETF by 11.1% in the 1st quarter. AlphaCore Capital LLC now owns 154,840 shares of the company’s stock worth $49,183,000 after acquiring an additional 15,418 shares in the last quarter. Finally, Citigroup Inc. raised its position in iShares Russell 3000 ETF by 5.4% during the first quarter. Citigroup Inc. now owns 36,708 shares of the company’s stock worth $11,660,000 after acquiring an additional 1,891 shares during the period.

iShares Russell 3000 ETF Stock Up 0.2%

Shares of NYSEARCA IWV opened at $388.88 on Friday. The firm has a market cap of $17.46 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The company’s 50-day simple moving average is $381.81 and its 200-day simple moving average is $364.78. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $391.17.

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).