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

iShares Russell 3000 ETF (NYSEARCA:IWV) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 270,519 shares, an increase of 27.2% from the February 12th total of 212,592 shares. Based on an average daily trading volume, of 289,363 shares, the short-interest ratio is currently 0.9 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 289,363 shares, the short-interest ratio is currently 0.9 days.

iShares Russell 3000 ETF Trading Down 0.6%

IWV traded down $2.12 during midday trading on Friday, hitting $376.11. The company’s stock had a trading volume of 234,588 shares, compared to its average volume of 290,281. iShares Russell 3000 ETF has a 52-week low of $273.60 and a 52-week high of $397.05. The firm has a 50-day moving average price of $390.69 and a two-hundred day moving average price of $384.54. The firm has a market cap of $17.70 billion, a P/E ratio of 25.11 and a beta of 1.02.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sittner & Nelson LLC purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 3000 ETF during the 3rd quarter valued at $28,000. Smithfield Trust Co acquired a new stake in shares of iShares Russell 3000 ETF during the 4th quarter worth $30,000. Caldwell Trust Co purchased a new position in shares of iShares Russell 3000 ETF in the 2nd quarter worth $34,000. Finally, LRI Investments LLC acquired a new position in shares of iShares Russell 3000 ETF during the 4th quarter valued at $39,000.

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.