iShares Russell 1000 ETF (NYSEARCA:IWB) Sees Large Decrease in Short Interest

iShares Russell 1000 ETF (NYSEARCA:IWB) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 1,783,158 shares, a decrease of 16.5% from the December 31st total of 2,135,191 shares. Based on an average daily volume of 1,594,561 shares, the short-interest ratio is presently 1.1 days. Approximately 1.5% of the company’s stock are short sold. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 1,594,561 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On iShares Russell 1000 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IWB. Composition Wealth LLC increased its position in shares of iShares Russell 1000 ETF by 10.6% during the fourth quarter. Composition Wealth LLC now owns 2,475 shares of the company’s stock worth $924,000 after acquiring an additional 237 shares during the last quarter. Horizon Investments LLC purchased a new stake in iShares Russell 1000 ETF during the 4th quarter worth approximately $47,000. One Wealth Advisors LLC raised its position in shares of iShares Russell 1000 ETF by 7.5% in the 4th quarter. One Wealth Advisors LLC now owns 7,153 shares of the company’s stock valued at $2,671,000 after purchasing an additional 498 shares in the last quarter. Mutual Advisors LLC boosted its stake in shares of iShares Russell 1000 ETF by 3.0% during the 4th quarter. Mutual Advisors LLC now owns 8,754 shares of the company’s stock valued at $3,269,000 after buying an additional 253 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in shares of iShares Russell 1000 ETF by 276.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 18,277 shares of the company’s stock valued at $6,825,000 after buying an additional 13,426 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.5%

Shares of IWB traded up $2.02 during midday trading on Monday, reaching $380.48. 258,156 shares of the company were exchanged, compared to its average volume of 1,664,968. The company has a market cap of $46.80 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $382.34. The stock has a 50-day moving average price of $375.91 and a 200-day moving average price of $365.59.

iShares Russell 1000 ETF Company Profile

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.