Frank Rimerman Advisors LLC Sells 1,450 Shares of iShares Russell 3000 ETF $IWV

Frank Rimerman Advisors LLC trimmed its position in iShares Russell 3000 ETF (NYSEARCA:IWV) by 32.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,978 shares of the company’s stock after selling 1,450 shares during the period. Frank Rimerman Advisors LLC’s holdings in iShares Russell 3000 ETF were worth $1,045,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SCS Capital Management LLC lifted its position in shares of iShares Russell 3000 ETF by 9.0% during the 1st quarter. SCS Capital Management LLC now owns 1,902,762 shares of the company’s stock worth $604,393,000 after buying an additional 157,444 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Russell 3000 ETF by 46.1% during the first quarter. Goldman Sachs Group Inc. now owns 918,200 shares of the company’s stock valued at $291,657,000 after acquiring an additional 289,579 shares during the last quarter. UNC Management Company Inc. lifted its holdings in iShares Russell 3000 ETF by 0.3% during the first quarter. UNC Management Company Inc. now owns 577,129 shares of the company’s stock worth $183,319,000 after acquiring an additional 1,490 shares during the period. LPL Financial LLC boosted its position in iShares Russell 3000 ETF by 1.2% in the first quarter. LPL Financial LLC now owns 501,659 shares of the company’s stock worth $159,347,000 after purchasing an additional 6,130 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in iShares Russell 3000 ETF by 13.9% in the second 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 during the last quarter.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA:IWV opened at $373.93 on Wednesday. iShares Russell 3000 ETF has a 1 year low of $273.60 and a 1 year high of $391.17. The company has a market capitalization of $16.79 billion, a PE ratio of 25.11 and a beta of 1.02. The business has a fifty day moving average price of $380.19 and a two-hundred day moving average price of $360.65.

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).