iShares Russell 3000 ETF (NYSEARCA:IWV) Short Interest Update

iShares Russell 3000 ETF (NYSEARCA:IWV) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 166,641 shares, a decline of 47.1% from the August 15th total of 315,283 shares. Based on an average daily volume of 135,489 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Several institutional investors and hedge funds have recently modified their holdings of IWV. Pittenger & Anderson Inc. lifted its holdings in shares of iShares Russell 3000 ETF by 8.4% in the first quarter. Pittenger & Anderson Inc. now owns 428 shares of the company’s stock valued at $159,000 after purchasing an additional 33 shares in the last quarter. Modera Wealth Management LLC grew its holdings in shares of iShares Russell 3000 ETF by 0.6% during the first quarter. Modera Wealth Management LLC now owns 6,264 shares of the company’s stock valued at $2,322,000 after buying an additional 35 shares in the last quarter. Klingenstein Fields & Co. LP raised its position in iShares Russell 3000 ETF by 0.3% during the fourth quarter. Klingenstein Fields & Co. LP now owns 14,900 shares of the company’s stock valued at $5,764,000 after buying an additional 38 shares during the period. International Assets Investment Management LLC raised its position in iShares Russell 3000 ETF by 1.4% during the first quarter. International Assets Investment Management LLC now owns 2,891 shares of the company’s stock valued at $1,079,000 after buying an additional 39 shares during the period. Finally, Cahaba Wealth Management Inc. lifted its stake in iShares Russell 3000 ETF by 1.4% in the 1st quarter. Cahaba Wealth Management Inc. now owns 3,368 shares of the company’s stock worth $1,248,000 after acquiring an additional 45 shares in the last quarter.

iShares Russell 3000 ETF Stock Performance

Shares of IWV stock traded down $1.67 on Wednesday, hitting $427.43. 107,056 shares of the company’s stock traded hands, compared to its average volume of 244,016. The company’s fifty day simple moving average is $432.33 and its 200 day simple moving average is $414.20. iShares Russell 3000 ETF has a one year low of $358.55 and a one year high of $443.90. The stock has a market capitalization of $19.75 billion, a price-to-earnings ratio of 25.11 and a beta of 1.01.

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.