iShares Russell 3000 ETF (NYSEARCA:IWV) Short Interest Up 56.7% in September

iShares Russell 3000 ETF (NYSEARCA:IWV) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 341,200 shares, an increase of 56.7% from the August 31st total of 217,800 shares. Based on an average daily trading volume, of 127,900 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily trading volume, of 127,900 shares, the days-to-cover ratio is presently 2.7 days.

iShares Russell 3000 ETF Price Performance

Shares of iShares Russell 3000 ETF stock opened at $382.94 on Thursday. The company’s fifty day simple moving average is $369.95 and its 200-day simple moving average is $344.65. The stock has a market capitalization of $17.31 billion, a PE ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a 1-year low of $273.60 and a 1-year high of $382.99.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. SCS Capital Management LLC lifted its position in iShares Russell 3000 ETF by 9.0% during the first quarter. SCS Capital Management LLC now owns 1,902,762 shares of the company’s stock valued at $604,393,000 after purchasing an additional 157,444 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its position in shares of 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 valued at $346,859,000 after buying an additional 985,106 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares Russell 3000 ETF by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 918,200 shares of the company’s stock valued at $291,657,000 after buying an additional 289,579 shares in the last quarter. UNC Management Company Inc. lifted its holdings in iShares Russell 3000 ETF by 0.3% during the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after purchasing an additional 1,506 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in iShares Russell 3000 ETF by 1.2% during the first quarter. LPL Financial LLC now owns 501,659 shares of the company’s stock valued at $159,347,000 after purchasing an additional 6,130 shares in the last quarter.

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).