JFS Wealth Advisors LLC Lowers Stock Holdings in iShares Russell 3000 ETF $IWV

JFS Wealth Advisors LLC reduced its holdings in iShares Russell 3000 ETF (NYSEARCA:IWV) by 12.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,246 shares of the company’s stock after selling 4,705 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $12,861,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IWV. AQR Capital Management LLC grew its stake in 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 acquiring an additional 1,095 shares during the period. Rhumbline Advisers raised its position in iShares Russell 3000 ETF by 28.6% during the second quarter. Rhumbline Advisers now owns 28,340 shares of the company’s stock worth $9,947,000 after acquiring an additional 6,299 shares during the period. Prudential Financial Inc. lifted its holdings in iShares Russell 3000 ETF by 100.0% during the second quarter. Prudential Financial Inc. now owns 19,360 shares of the company’s stock valued at $6,795,000 after purchasing an additional 9,680 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at about $495,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at about $187,000.

iShares Russell 3000 ETF Stock Down 1.7%

IWV stock opened at $361.62 on Friday. iShares Russell 3000 ETF has a 52 week low of $273.60 and a 52 week high of $397.05. The firm has a 50-day simple moving average of $386.54 and a 200-day simple moving average of $384.64. The stock has a market capitalization of $17.01 billion, a P/E 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.