Stairway Partners LLC Reduces Stake in iShares Russell 3000 ETF $IWV

Stairway Partners LLC decreased its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 3.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 56,534 shares of the company’s stock after selling 2,044 shares during the quarter. iShares Russell 3000 ETF comprises approximately 1.1% of Stairway Partners LLC’s investment portfolio, making the stock its 15th largest holding. Stairway Partners LLC’s holdings in iShares Russell 3000 ETF were worth $24,106,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. American Family Investments Inc. lifted its position in shares of iShares Russell 3000 ETF by 687.5% during the 4th quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock worth $105,161,000 after buying an additional 237,322 shares during the last quarter. Align Financial LLC acquired a new stake in iShares Russell 3000 ETF during the 4th quarter worth $69,589,000. Beacon Pointe Advisors LLC raised its stake in iShares Russell 3000 ETF by 1,265.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock worth $67,386,000 after acquiring an additional 161,432 shares in the last quarter. Calamos Advisors LLC purchased a new stake in iShares Russell 3000 ETF in the first quarter valued at $57,055,000. Finally, Brown Advisory Inc. boosted its stake in iShares Russell 3000 ETF by 345.6% in the fourth quarter. Brown Advisory Inc. now owns 159,824 shares of the company’s stock valued at $61,828,000 after acquiring an additional 123,953 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock opened at $431.06 on Tuesday. The stock’s 50-day moving average is $424.15 and its two-hundred day moving average is $404.13. The firm has a market cap of $19.91 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a 1 year low of $355.23 and a 1 year high of $431.64.

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). 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.