iShares Russell 1000 ETF (NYSEARCA:IWB) Short Interest Up 45.2% in March

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

iShares Russell 1000 ETF Trading Up 0.4%

IWB stock traded up $1.27 during midday trading on Monday, hitting $349.22. The stock had a trading volume of 1,356,020 shares, compared to its average volume of 1,785,399. The firm has a market cap of $43.11 billion, a P/E ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $382.34. The business has a fifty day moving average price of $372.25 and a two-hundred day moving average price of $371.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC increased its holdings in iShares Russell 1000 ETF by 2.5% in the fourth quarter. Hsbc Holdings PLC now owns 322,356 shares of the company’s stock worth $120,381,000 after purchasing an additional 7,814 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Russell 1000 ETF by 22.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 152,126 shares of the company’s stock worth $56,810,000 after buying an additional 27,932 shares in the last quarter. World Investment Advisors grew its position in shares of iShares Russell 1000 ETF by 214.7% during the 4th quarter. World Investment Advisors now owns 5,700 shares of the company’s stock worth $2,129,000 after buying an additional 3,889 shares during the period. Corient Private Wealth LLC increased 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 acquiring an additional 32,054 shares in the last quarter. Finally, Union Savings Bank bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $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.