Short Interest in iShares Russell 3000 ETF (NYSEARCA:IWV) Expands By 34.3%

iShares Russell 3000 ETF (NYSEARCA:IWV) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 363,325 shares, an increase of 34.3% from the February 26th total of 270,519 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 366,319 shares, the days-to-cover ratio is currently 1.0 days.

iShares Russell 3000 ETF Stock Down 0.5%

NYSEARCA:IWV traded down $1.69 during trading hours on Monday, reaching $359.93. The company had a trading volume of 188,897 shares, compared to its average volume of 304,705. iShares Russell 3000 ETF has a twelve month low of $273.60 and a twelve month high of $397.05. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. The business’s 50-day simple moving average is $385.86 and its two-hundred day simple moving average is $384.73.

Institutional Trading of iShares Russell 3000 ETF

Several large investors have recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC raised its stake in iShares Russell 3000 ETF by 31,808.4% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock worth $346,859,000 after buying an additional 985,106 shares during the period. American Family Investments Inc. grew its stake in iShares Russell 3000 ETF by 687.5% in the fourth quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock valued at $105,161,000 after acquiring an additional 237,322 shares during the period. Align Financial LLC acquired a new stake in iShares Russell 3000 ETF in the fourth quarter valued at approximately $69,589,000. Beacon Pointe Advisors LLC increased its holdings in shares of iShares Russell 3000 ETF by 1,265.2% during the fourth quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock valued at $67,386,000 after acquiring an additional 161,432 shares in the last quarter. Finally, Caprock Group LLC bought a new stake in shares of iShares Russell 3000 ETF during the third quarter valued at approximately $46,598,000.

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). 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.