iShares Russell 1000 ETF (NYSEARCA:IWB) Sees Significant Growth in Short Interest

iShares Russell 1000 ETF (NYSEARCA:IWB) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,903,230 shares, a growth of 45.2% from the February 26th total of 1,310,462 shares. Based on an average trading volume of 1,812,640 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.5% of the company’s shares are short sold.

iShares Russell 1000 ETF Trading Up 0.3%

IWB stock traded up $1.01 during trading on Monday, hitting $348.96. The company had a trading volume of 891,177 shares, compared to its average volume of 1,765,484. The business has a 50-day moving average of $372.25 and a 200-day moving average of $371.10. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34. The stock has a market cap of $43.08 billion, a PE ratio of 24.71 and a beta of 1.01.

Hedge Funds Weigh In On iShares Russell 1000 ETF

A number of hedge funds have recently bought and sold shares of IWB. Hsbc Holdings PLC boosted its position in iShares Russell 1000 ETF by 2.5% during the fourth quarter. Hsbc Holdings PLC now owns 322,356 shares of the company’s stock valued at $120,381,000 after acquiring an additional 7,814 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of iShares Russell 1000 ETF by 22.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 152,126 shares of the company’s stock worth $56,810,000 after acquiring an additional 27,932 shares in the last quarter. World Investment Advisors raised its position in shares of iShares Russell 1000 ETF by 214.7% in the 4th quarter. World Investment Advisors now owns 5,700 shares of the company’s stock worth $2,129,000 after acquiring an additional 3,889 shares in the last quarter. Corient Private Wealth LLC lifted its stake in shares of iShares Russell 1000 ETF by 22.2% in the 4th quarter. Corient Private Wealth LLC now owns 176,483 shares of the company’s stock valued at $65,777,000 after purchasing an additional 32,054 shares during the period. Finally, Union Savings Bank acquired a new position in shares of iShares Russell 1000 ETF in the 4th quarter valued at about $472,000.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.