iShares Russell 3000 ETF (NYSEARCA:IWV) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 10.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 119,627 shares of the company’s stock after selling 14,544 shares during the period. Franklin Resources Inc.’s holdings in iShares Russell 3000 ETF were worth $39,985,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Partners in Financial Planning acquired a new position in shares of iShares Russell 3000 ETF during the 4th quarter valued at about $298,000. O Shaughnessy Asset Management LLC lifted its holdings in iShares Russell 3000 ETF by 1,260.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,236 shares of the company’s stock worth $6,430,000 after buying an additional 17,822 shares in the last quarter. Clearbridge Investments LLC purchased a new position in shares of iShares Russell 3000 ETF in the 4th quarter valued at about $423,000. Physician Wealth Advisors Inc. purchased a new position in iShares Russell 3000 ETF in the fourth quarter valued at $48,000. Finally, Maridea Wealth Management LLC purchased a new stake in iShares Russell 3000 ETF during the 4th quarter worth about $5,816,000.

iShares Russell 3000 ETF Trading Down 5.9 %

Shares of iShares Russell 3000 ETF stock opened at $287.37 on Friday. The stock has a market cap of $13.06 billion, a price-to-earnings ratio of 24.57 and a beta of 1.04. iShares Russell 3000 ETF has a 12-month low of $282.38 and a 12-month high of $350.23. The company has a fifty day simple moving average of $332.17 and a 200-day simple moving average of $334.64.

iShares Russell 3000 ETF Company 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).