JPMorgan Chase & Co. Has $147.59 Million Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

JPMorgan Chase & Co. reduced its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 14.7% during the third quarter, HoldingsChannel reports. The firm owned 451,720 shares of the company’s stock after selling 78,036 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Russell 3000 ETF were worth $147,591,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its position in iShares Russell 3000 ETF by 34,366.3% in the third quarter. International Assets Investment Management LLC now owns 828,914 shares of the company’s stock valued at $270,831,000 after buying an additional 826,509 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of iShares Russell 3000 ETF during the 2nd quarter valued at $683,000. Campbell Wealth Management bought a new stake in iShares Russell 3000 ETF during the 3rd quarter worth $19,943,000. Pitcairn Co. raised its position in iShares Russell 3000 ETF by 7.8% in the third quarter. Pitcairn Co. now owns 558,944 shares of the company’s stock valued at $182,624,000 after purchasing an additional 40,564 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of iShares Russell 3000 ETF by 237.0% during the second quarter. Citizens Financial Group Inc. RI now owns 46,706 shares of the company’s stock valued at $14,417,000 after purchasing an additional 32,846 shares in the last quarter.

iShares Russell 3000 ETF Trading Down 0.4 %

NYSEARCA:IWV opened at $334.25 on Wednesday. The stock’s 50-day moving average is $339.49 and its 200-day moving average is $324.66. The stock has a market cap of $15.31 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 1-year low of $268.02 and a 1-year high of $349.54.

iShares Russell 3000 ETF 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).