Bessemer Group Inc. Sells 24,602 Shares of iShares Russell 3000 ETF $IWV

Bessemer Group Inc. lowered its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 14.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 144,712 shares of the company’s stock after selling 24,602 shares during the quarter. Bessemer Group Inc. owned 0.31% of iShares Russell 3000 ETF worth $55,982,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cloud Capital Management LLC purchased a new position in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $28,000. LRI Investments LLC purchased a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $39,000. Missouri Trust & Investment Co purchased a new position in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $63,000. Lodestone Wealth Management LLC purchased a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $64,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of iShares Russell 3000 ETF during the fourth quarter valued at approximately $64,000.

iShares Russell 3000 ETF Stock Performance

IWV opened at $418.03 on Friday. iShares Russell 3000 ETF has a 52-week low of $327.25 and a 52-week high of $424.23. The stock has a market capitalization of $19.35 billion, a PE ratio of 25.11 and a beta of 1.01. The stock’s 50 day moving average price is $391.19 and its 200-day moving average price is $389.45.

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). 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.