Franklin Resources Inc. Lowers Holdings in iShares Russell 3000 ETF (NYSEARCA:IWV)

Franklin Resources Inc. lessened its stake in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,627 shares of the company’s stock after selling 14,544 shares during the quarter. Franklin Resources Inc. owned 0.26% of iShares Russell 3000 ETF worth $39,985,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC grew its stake in iShares Russell 3000 ETF by 1.6% during the 3rd quarter. FMR LLC now owns 52,583 shares of the company’s stock worth $17,181,000 after purchasing an additional 843 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of iShares Russell 3000 ETF in the 3rd quarter valued at about $1,138,000. Stifel Financial Corp raised its holdings in iShares Russell 3000 ETF by 1.0% during the third quarter. Stifel Financial Corp now owns 19,942 shares of the company’s stock worth $6,516,000 after purchasing an additional 205 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in iShares Russell 3000 ETF by 26.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,463 shares of the company’s stock valued at $478,000 after acquiring an additional 307 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in iShares Russell 3000 ETF by 4.0% in the third quarter. EP Wealth Advisors LLC now owns 15,509 shares of the company’s stock valued at $5,067,000 after buying an additional 597 shares during the last quarter.

iShares Russell 3000 ETF Stock Down 5.9 %

NYSEARCA IWV opened at $287.37 on Friday. The business’s 50-day moving average price is $332.17 and its 200 day moving average price is $334.64. iShares Russell 3000 ETF has a 52-week low of $282.38 and a 52-week high of $350.23. The firm has a market cap of $13.06 billion, a P/E ratio of 24.57 and a beta of 1.04.

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).