Berkshire Asset Management LLC PA Reduces Holdings in iShares Russell 3000 ETF $IWV

Berkshire Asset Management LLC PA decreased its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 24.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,750 shares of the company’s stock after selling 1,550 shares during the period. Berkshire Asset Management LLC PA’s holdings in iShares Russell 3000 ETF were worth $1,800,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Gallagher Fiduciary Advisors LLC boosted its holdings in iShares Russell 3000 ETF by 31,808.4% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock worth $346,859,000 after buying an additional 985,106 shares during the period. UNC Management Company Inc. grew its position in shares of iShares Russell 3000 ETF by 0.3% in the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares Russell 3000 ETF by 16.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock valued at $158,217,000 after purchasing an additional 61,982 shares during the period. Bank of New York Mellon Corp lifted its holdings in iShares Russell 3000 ETF by 13.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 363,288 shares of the company’s stock worth $127,514,000 after purchasing an additional 44,221 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in iShares Russell 3000 ETF by 4.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 347,716 shares of the company’s stock valued at $122,048,000 after buying an additional 14,277 shares in the last quarter.

iShares Russell 3000 ETF Trading Up 0.2%

iShares Russell 3000 ETF stock opened at $388.30 on Friday. The firm’s 50 day simple moving average is $390.92 and its 200 day simple moving average is $380.86. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $397.05. The firm has a market capitalization of $18.27 billion, a PE ratio of 25.11 and a beta of 1.02.

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.