iShares Russell 3000 ETF (NYSEARCA:IWV) Sees Strong Trading Volume – What’s Next?

Shares of iShares Russell 3000 ETF (NYSEARCA:IWV) saw an uptick in trading volume on Thursday . 328,882 shares traded hands during trading, an increase of 93% from the previous session’s volume of 170,191 shares.The stock last traded at $336.98 and had previously closed at $334.25.

iShares Russell 3000 ETF Price Performance

The firm’s fifty day moving average is $339.59 and its two-hundred day moving average is $324.72. The firm has a market capitalization of $15.34 billion, a PE ratio of 24.59 and a beta of 1.03.

Institutional Trading of iShares Russell 3000 ETF

A number of hedge funds have recently bought and sold shares of IWV. Anchor Investment Management LLC lifted its stake in iShares Russell 3000 ETF by 4.4% in the second quarter. Anchor Investment Management LLC now owns 790 shares of the company’s stock valued at $244,000 after purchasing an additional 33 shares during the last quarter. Fluent Financial LLC increased its stake in shares of iShares Russell 3000 ETF by 3.2% in the second quarter. Fluent Financial LLC now owns 1,095 shares of the company’s stock worth $338,000 after purchasing an additional 34 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in iShares Russell 3000 ETF by 36.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock valued at $44,000 after acquiring an additional 36 shares during the period. Forum Financial Management LP lifted its holdings in iShares Russell 3000 ETF by 2.8% during the 3rd quarter. Forum Financial Management LP now owns 1,626 shares of the company’s stock worth $531,000 after purchasing an additional 45 shares in the last quarter. Finally, Empire Financial Management Company LLC boosted its position in shares of iShares Russell 3000 ETF by 5.6% in the third quarter. Empire Financial Management Company LLC now owns 863 shares of the company’s stock valued at $282,000 after acquiring an additional 46 shares during the period.

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).