Envestnet Asset Management Inc. Sells 63,401 Shares of iShares Russell 3000 ETF $IWV

Envestnet Asset Management Inc. cut its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 42.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,280 shares of the company’s stock after selling 63,401 shares during the period. Envestnet Asset Management Inc. owned about 0.19% of iShares Russell 3000 ETF worth $33,074,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC boosted its stake in iShares Russell 3000 ETF by 31,808.4% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock worth $346,859,000 after buying an additional 985,106 shares in the last quarter. UNC Management Company Inc. lifted its holdings in shares of 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 worth $203,101,000 after acquiring an additional 1,506 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares Russell 3000 ETF by 16.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after acquiring an additional 61,982 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares Russell 3000 ETF by 13.9% in the second quarter. Bank of New York Mellon Corp now owns 363,288 shares of the company’s stock valued at $127,514,000 after acquiring an additional 44,221 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in iShares Russell 3000 ETF by 4.3% in the second quarter. PNC Financial Services Group Inc. now owns 347,716 shares of the company’s stock worth $122,048,000 after purchasing an additional 14,277 shares in the last quarter.

iShares Russell 3000 ETF Stock Down 0.0%

Shares of IWV opened at $393.91 on Thursday. The company has a 50-day moving average price of $390.97 and a two-hundred day moving average price of $380.49. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 12 month low of $273.60 and a 12 month high of $397.05.

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.