Bessemer Group Inc. Trims Stock Holdings in iShares Russell 3000 ETF $IWV

Bessemer Group Inc. lowered its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 20.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,847 shares of the company’s stock after selling 29,865 shares during the quarter. Bessemer Group Inc. owned about 0.25% of iShares Russell 3000 ETF worth $42,571,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. SCS Capital Management LLC raised its position in shares of iShares Russell 3000 ETF by 0.4% during the 4th quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock valued at $725,266,000 after purchasing an additional 8,384 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares Russell 3000 ETF by 6.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock valued at $591,538,000 after buying an additional 86,391 shares in the last quarter. UNC Management Company Inc. boosted its holdings in iShares Russell 3000 ETF by 0.3% in the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after buying an additional 1,506 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock worth $158,217,000 after buying an additional 61,982 shares during the period. Finally, Focus Partners Wealth boosted its holdings in iShares Russell 3000 ETF by 6.3% in the 4th quarter. Focus Partners Wealth now owns 364,394 shares of the company’s stock worth $140,966,000 after buying an additional 21,635 shares during the period.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock opened at $423.41 on Friday. The stock has a fifty day simple moving average of $423.44 and a two-hundred day simple moving average of $401.61. The firm has a market capitalization of $19.67 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 52-week low of $351.69 and a 52-week 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.