Pitcairn Co. Cuts Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Pitcairn Co. trimmed its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 551,589 shares of the company’s stock after selling 7,355 shares during the period. iShares Russell 3000 ETF comprises 10.9% of Pitcairn Co.’s portfolio, making the stock its largest position. Pitcairn Co. owned 1.20% of iShares Russell 3000 ETF worth $184,368,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. World Investment Advisors lifted its stake in iShares Russell 3000 ETF by 35.6% in the fourth quarter. World Investment Advisors now owns 4,502 shares of the company’s stock worth $1,505,000 after acquiring an additional 1,181 shares during the period. OneAscent Financial Services LLC bought a new position in iShares Russell 3000 ETF in the 4th quarter worth $2,070,000. RFG Bristol Wealth Advisors LLC purchased a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth about $888,000. May Hill Capital LLC bought a new stake in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $478,000. Finally, Partners in Financial Planning purchased a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at about $298,000.

iShares Russell 3000 ETF Price Performance

IWV stock opened at $321.20 on Thursday. iShares Russell 3000 ETF has a 1 year low of $275.00 and a 1 year high of $350.23. The firm has a 50-day moving average of $334.25 and a 200 day moving average of $335.08. The company has a market cap of $14.60 billion, a P/E ratio of 24.57 and a beta of 1.04.

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).