Pegasus Partners Ltd. Trims Stake in iShares Russell 3000 ETF (NYSEARCA:IWV)

Pegasus Partners Ltd. lessened its holdings in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 4.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 233,983 shares of the company’s stock after selling 12,172 shares during the quarter. iShares Russell 3000 ETF accounts for about 7.2% of Pegasus Partners Ltd.’s portfolio, making the stock its 4th largest position. Pegasus Partners Ltd.’s holdings in iShares Russell 3000 ETF were worth $76,449,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Financial Connections Group Inc. purchased a new position in iShares Russell 3000 ETF in the second quarter worth $37,000. Blue Trust Inc. raised its position in shares of iShares Russell 3000 ETF by 384.0% in the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after purchasing an additional 96 shares in the last quarter. Denver PWM LLC acquired a new position in shares of iShares Russell 3000 ETF in the 2nd quarter worth approximately $42,000. Federated Hermes Inc. boosted its stake in iShares Russell 3000 ETF by 142.1% in the second quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock valued at $43,000 after acquiring an additional 81 shares during the period. Finally, Rothschild Investment LLC bought a new position in iShares Russell 3000 ETF in the 2nd quarter worth about $44,000.

iShares Russell 3000 ETF Stock Up 0.5 %

NYSEARCA:IWV opened at $342.52 on Friday. The business’s 50-day moving average price is $325.50 and its 200 day moving average price is $313.04. The firm has a market cap of $15.69 billion, a P/E ratio of 24.59 and a beta of 1.03. iShares Russell 3000 ETF has a 52-week low of $246.88 and a 52-week high of $343.12.

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).