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

iShares Russell 1000 ETF (NYSEARCA:IWB) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,263,346 shares, a decline of 29.2% from the January 15th total of 1,783,158 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average trading volume of 1,878,215 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 1,878,215 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.0% of the shares of the company are short sold.

iShares Russell 1000 ETF Trading Up 0.1%

Shares of NYSEARCA:IWB traded up $0.45 during mid-day trading on Friday, reaching $373.74. The company had a trading volume of 1,850,748 shares, compared to its average volume of 1,581,515. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $382.34. The company’s 50-day moving average price is $376.76 and its 200-day moving average price is $367.39. The firm has a market cap of $46.14 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its position in iShares Russell 1000 ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 182,541 shares of the company’s stock worth $58,807,000 after purchasing an additional 6,006 shares during the period. Revolve Wealth Partners LLC boosted its holdings in iShares Russell 1000 ETF by 56.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,509 shares of the company’s stock worth $486,000 after buying an additional 542 shares during the period. Concurrent Investment Advisors LLC purchased a new position in iShares Russell 1000 ETF in the 2nd quarter valued at approximately $317,000. Vanguard Personalized Indexing Management LLC raised its holdings in iShares Russell 1000 ETF by 16.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,790 shares of the company’s stock valued at $1,629,000 after acquiring an additional 680 shares during the period. Finally, Harbour Investments Inc. lifted its position in shares of iShares Russell 1000 ETF by 10.8% during the second quarter. Harbour Investments Inc. now owns 533 shares of the company’s stock worth $181,000 after acquiring an additional 52 shares in the last quarter.

About iShares Russell 1000 ETF

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.