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

iShares Russell 3000 ETF (NYSEARCA:IWV) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 315,283 shares, a growth of 129.2% from the July 30th total of 137,587 shares. Based on an average daily trading volume, of 185,983 shares, the short-interest ratio is presently 1.7 days. Currently, 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Russell 3000 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sittner & Nelson LLC acquired a new position in shares of iShares Russell 3000 ETF during the 4th quarter worth approximately $25,000. Smithfield Trust Co acquired a new stake in shares of iShares Russell 3000 ETF in the fourth quarter valued at approximately $30,000. RMG Wealth Management LLC purchased a new position in iShares Russell 3000 ETF during the first quarter worth approximately $35,000. LRI Investments LLC purchased a new position in iShares Russell 3000 ETF during the fourth quarter worth approximately $39,000. Finally, Angeles Wealth Management LLC purchased a new position in iShares Russell 3000 ETF during the first quarter worth approximately $44,000.

iShares Russell 3000 ETF Trading Down 0.4%

NYSEARCA:IWV traded down $1.69 during trading hours on Friday, reaching $437.51. 101,066 shares of the company were exchanged, compared to its average volume of 251,313. The firm has a market cap of $20.21 billion, a PE ratio of 25.11 and a beta of 1.01. iShares Russell 3000 ETF has a twelve month low of $358.55 and a twelve month high of $443.90. The stock’s 50-day moving average is $429.26 and its 200-day moving average is $409.95.

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.