Short Interest in iShares Russell 3000 ETF (NYSEARCA:IWV) Expands By 129.3%

iShares Russell 3000 ETF (NYSEARCA:IWV) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 442,487 shares, an increase of 129.3% from the January 15th total of 192,987 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 227,960 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 227,960 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.9% of the company’s shares are sold short.

iShares Russell 3000 ETF Price Performance

IWV stock traded up $0.67 during midday trading on Friday, reaching $388.30. 551,947 shares of the company’s stock traded hands, compared to its average volume of 265,238. iShares Russell 3000 ETF has a fifty-two week low of $273.60 and a fifty-two week high of $397.05. The business has a 50-day moving average price of $390.92 and a two-hundred day moving average price of $380.86. The company has a market capitalization of $18.27 billion, a P/E ratio of 25.11 and a beta of 1.02.

Institutional Trading of iShares Russell 3000 ETF

A number of institutional investors have recently added to or reduced their stakes in IWV. SCS Capital Management LLC lifted its stake in shares of iShares Russell 3000 ETF by 0.4% during the fourth quarter. SCS Capital Management LLC now owns 1,874,800 shares of the company’s stock worth $725,266,000 after purchasing an additional 8,384 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares Russell 3000 ETF by 6.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,529,115 shares of the company’s stock valued at $591,538,000 after buying an additional 86,391 shares during the period. Gallagher Fiduciary Advisors LLC lifted its position in iShares Russell 3000 ETF by 31,808.4% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 988,203 shares of the company’s stock worth $346,859,000 after acquiring an additional 985,106 shares in the last quarter. UNC Management Company Inc. boosted its holdings in iShares Russell 3000 ETF by 0.3% in the 2nd quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock worth $203,101,000 after acquiring an additional 1,506 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in iShares Russell 3000 ETF by 16.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 450,539 shares of the company’s stock worth $158,217,000 after acquiring an additional 61,982 shares during the period.

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.