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

iShares Russell 3000 ETF (NYSEARCA:IWV) saw unusually-high trading volume on Thursday . Approximately 328,882 shares were traded during mid-day 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 Trading Up 1.3 %

The firm has a 50 day moving average of $339.85 and a two-hundred day moving average of $324.99. The company has a market cap of $15.49 billion, a PE ratio of 24.59 and a beta of 1.03.

Institutional Trading of iShares Russell 3000 ETF

Several institutional investors have recently bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in iShares Russell 3000 ETF during the 2nd quarter valued at $44,000. Rhumbline Advisers increased its holdings in iShares Russell 3000 ETF by 59.4% in the 2nd quarter. Rhumbline Advisers now owns 37,215 shares of the company’s stock worth $11,487,000 after buying an additional 13,864 shares in the last quarter. Denver PWM LLC purchased a new position in iShares Russell 3000 ETF in the 2nd quarter worth about $42,000. Victory Capital Management Inc. lifted its stake in iShares Russell 3000 ETF by 40.2% during the 2nd quarter. Victory Capital Management Inc. now owns 22,844 shares of the company’s stock valued at $7,051,000 after acquiring an additional 6,554 shares during the period. Finally, Fluent Financial LLC boosted its holdings in shares of iShares Russell 3000 ETF by 3.2% during the 2nd quarter. Fluent Financial LLC now owns 1,095 shares of the company’s stock valued at $338,000 after acquiring an additional 34 shares during 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).