iShares Russell 3000 ETF (NYSEARCA:IWV) Short Interest Down 52.0% in February

iShares Russell 3000 ETF (NYSEARCA:IWV) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 212,592 shares, a decline of 52.0% from the January 29th total of 442,487 shares. Based on an average trading volume of 281,328 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 281,328 shares, the short-interest ratio is presently 0.8 days.

iShares Russell 3000 ETF Stock Performance

Shares of iShares Russell 3000 ETF stock opened at $392.69 on Friday. iShares Russell 3000 ETF has a one year low of $273.60 and a one year high of $397.05. The stock’s fifty day moving average is $391.63 and its 200 day moving average is $382.72. The stock has a market cap of $18.48 billion, a P/E ratio of 25.11 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IWV. Gallagher Fiduciary Advisors LLC raised its stake 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 during the period. American Family Investments Inc. lifted its stake in shares of iShares Russell 3000 ETF by 687.5% during the 4th quarter. American Family Investments Inc. now owns 271,840 shares of the company’s stock valued at $105,161,000 after buying an additional 237,322 shares in the last quarter. Align Financial LLC purchased a new position in shares of iShares Russell 3000 ETF during the 4th quarter valued at $69,589,000. Beacon Pointe Advisors LLC boosted its holdings in iShares Russell 3000 ETF by 1,265.2% in the 4th quarter. Beacon Pointe Advisors LLC now owns 174,191 shares of the company’s stock worth $67,386,000 after buying an additional 161,432 shares during the period. Finally, Caprock Group LLC bought a new stake in iShares Russell 3000 ETF during the third quarter valued at about $46,598,000.

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.