Lowe Brockenbrough & Co. Inc. Sells 6,425 Shares of iShares Russell 3000 ETF $IWV

Lowe Brockenbrough & Co. Inc. lowered its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 33.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,672 shares of the company’s stock after selling 6,425 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell 3000 ETF were worth $4,902,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWV. AQR Capital Management LLC raised its stake in iShares Russell 3000 ETF by 15.5% during the 1st quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock valued at $2,590,000 after purchasing an additional 1,095 shares during the period. Diversify Advisory Services LLC bought a new stake in iShares Russell 3000 ETF during the 2nd quarter valued at approximately $210,000. Quantinno Capital Management LP raised its stake in iShares Russell 3000 ETF by 22.9% during the 2nd quarter. Quantinno Capital Management LP now owns 20,872 shares of the company’s stock valued at $7,326,000 after purchasing an additional 3,886 shares during the period. Raymond James Financial Inc. raised its stake in iShares Russell 3000 ETF by 7.1% during the 2nd quarter. Raymond James Financial Inc. now owns 151,857 shares of the company’s stock valued at $53,302,000 after purchasing an additional 10,009 shares during the period. Finally, UNC Management Company Inc. raised its stake in iShares Russell 3000 ETF by 0.3% during the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares during the period.

iShares Russell 3000 ETF Trading Down 2.6%

Shares of IWV opened at $418.71 on Friday. The business’s 50 day moving average is $404.92 and its 200 day moving average is $393.53. The company has a market capitalization of $19.39 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $336.42 and a 12-month high of $431.32.

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.