Short Interest in iShares Russell 3000 ETF (NYSEARCA:IWV) Decreases By 22.1%

iShares Russell 3000 ETF (NYSEARCA:IWV) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 216,735 shares, a decrease of 22.1% from the December 15th total of 278,100 shares. Based on an average daily trading volume, of 227,790 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 227,790 shares, the days-to-cover ratio is presently 1.0 days.

iShares Russell 3000 ETF Price Performance

Shares of NYSEARCA IWV traded down $0.30 during midday trading on Friday, hitting $394.01. The stock had a trading volume of 209,774 shares, compared to its average volume of 279,552. The firm has a market cap of $18.58 billion, a P/E ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a fifty-two week low of $273.60 and a fifty-two week high of $396.11. The company’s 50-day simple moving average is $387.08 and its 200 day simple moving average is $376.08.

Institutional Trading of iShares Russell 3000 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in iShares Russell 3000 ETF during the 3rd quarter valued at about $28,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF during the second quarter worth approximately $27,000. Caldwell Trust Co acquired a new position in iShares Russell 3000 ETF in the second quarter valued at approximately $34,000. Lodestone Wealth Management LLC bought a new position in iShares Russell 3000 ETF in the fourth quarter valued at approximately $64,000. Finally, Missouri Trust & Investment Co acquired a new stake in iShares Russell 3000 ETF during the 3rd quarter worth $63,000.

iShares Russell 3000 ETF Company Profile

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.