iShares Russell 1000 ETF (NYSEARCA:IWB) Short Interest Down 16.5% in January
by Doug Wharley · The Cerbat GemiShares Russell 1000 ETF (NYSEARCA:IWB – Get Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,783,158 shares, a drop of 16.5% from the December 31st total of 2,135,191 shares. Based on an average trading volume of 1,594,561 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.5% of the shares of the company are short sold. Approximately 1.5% of the shares of the company are short sold. Based on an average trading volume of 1,594,561 shares, the days-to-cover ratio is currently 1.1 days.
iShares Russell 1000 ETF Stock Down 0.9%
IWB traded down $3.26 on Tuesday, hitting $377.31. The company’s stock had a trading volume of 989,836 shares, compared to its average volume of 1,666,915. iShares Russell 1000 ETF has a 12 month low of $264.17 and a 12 month high of $382.34. The firm has a market cap of $46.41 billion, a P/E ratio of 24.71 and a beta of 1.01. The company’s 50 day simple moving average is $376.20 and its 200-day simple moving average is $365.83.
Institutional Trading of iShares Russell 1000 ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of IWB. Capital A Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the second quarter worth $30,000. Caldwell Trust Co purchased a new stake in shares of iShares Russell 1000 ETF in the 2nd quarter valued at about $30,000. Highline Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 ETF during the 3rd quarter valued at about $30,000. Cary Street Partners Investment Advisory LLC grew its holdings in shares of iShares Russell 1000 ETF by 75.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 91 shares of the company’s stock worth $31,000 after purchasing an additional 39 shares in the last quarter. Finally, First Command Advisory Services Inc. purchased a new position in shares of iShares Russell 1000 ETF during the third quarter worth about $31,000.
About iShares Russell 1000 ETF
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.