Bank of New York Mellon Corp Cuts Stock Position in iShares Russell 3000 ETF $IWV

Bank of New York Mellon Corp reduced its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 3.5% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 338,628 shares of the company’s stock after selling 12,428 shares during the quarter. Bank of New York Mellon Corp owned about 0.73% of iShares Russell 3000 ETF worth $125,523,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of IWV. McLean Asset Management Corp raised its position in iShares Russell 3000 ETF by 1.8% in the fourth quarter. McLean Asset Management Corp now owns 1,752 shares of the company’s stock worth $689,000 after acquiring an additional 31 shares in the last quarter. Harvest Investment Services LLC grew its position in iShares Russell 3000 ETF by 0.6% during the third quarter. Harvest Investment Services LLC now owns 5,063 shares of the company’s stock worth $1,919,000 after buying an additional 32 shares during the period. Pittenger & Anderson Inc. increased its holdings in iShares Russell 3000 ETF by 8.4% in the first quarter. Pittenger & Anderson Inc. now owns 428 shares of the company’s stock valued at $159,000 after buying an additional 33 shares in the last quarter. Klingenstein Fields & Co. LP increased its holdings in iShares Russell 3000 ETF by 0.3% in the fourth quarter. Klingenstein Fields & Co. LP now owns 14,900 shares of the company’s stock valued at $5,764,000 after buying an additional 38 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of iShares Russell 3000 ETF by 1.4% during the 1st quarter. International Assets Investment Management LLC now owns 2,891 shares of the company’s stock worth $1,079,000 after acquiring an additional 39 shares in the last quarter.

iShares Russell 3000 ETF Price Performance

IWV opened at $423.41 on Monday. iShares Russell 3000 ETF has a 1-year low of $351.69 and a 1-year high of $431.32. The stock has a market cap of $19.67 billion, a P/E ratio of 25.11 and a beta of 1.01. The stock’s 50 day simple moving average is $423.44 and its 200 day simple moving average is $401.69.

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.