LPL Financial LLC Has $193.51 Million Stock Holdings in iShares Russell 3000 ETF $IWV

LPL Financial LLC lessened its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 2.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 500,222 shares of the company’s stock after selling 12,672 shares during the period. LPL Financial LLC owned about 1.06% of iShares Russell 3000 ETF worth $193,511,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in IWV. AQR Capital Management LLC boosted its stake in shares of iShares Russell 3000 ETF by 15.5% in the 1st quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock valued at $2,590,000 after purchasing an additional 1,095 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of iShares Russell 3000 ETF in the 2nd quarter valued at $210,000. Quantinno Capital Management LP boosted its stake in shares of iShares Russell 3000 ETF by 22.9% in the 2nd quarter. Quantinno Capital Management LP now owns 20,872 shares of the company’s stock valued at $7,326,000 after purchasing an additional 3,886 shares in the last quarter. Raymond James Financial Inc. lifted its position in iShares Russell 3000 ETF by 7.1% during the 2nd quarter. Raymond James Financial Inc. now owns 151,857 shares of the company’s stock worth $53,302,000 after buying an additional 10,009 shares in the last quarter. Finally, UNC Management Company Inc. lifted its position in iShares Russell 3000 ETF by 0.3% during 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 in the last quarter.

iShares Russell 3000 ETF Stock Down 0.2%

Shares of NYSEARCA IWV opened at $418.99 on Wednesday. The firm’s 50-day simple moving average is $407.10 and its 200 day simple moving average is $394.28. The company has a market cap of $19.40 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 12-month low of $336.42 and a 12-month 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.