iShares Russell 3000 ETF (NYSEARCA:IWV) Sees Unusually-High Trading Volume – Here’s Why

iShares Russell 3000 ETF (NYSEARCA:IWV) shares saw an uptick in trading volume on Thursday . 824,294 shares traded hands during mid-day trading, an increase of 405% from the previous session’s volume of 163,246 shares.The stock last traded at $298.45 and had previously closed at $308.35.

iShares Russell 3000 ETF Stock Performance

The company has a market cap of $13.87 billion, a PE ratio of 22.90 and a beta of 1.03. The stock’s 50-day simple moving average is $325.27 and its 200 day simple moving average is $333.24.

Hedge Funds Weigh In On iShares Russell 3000 ETF

Large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC grew its holdings in iShares Russell 3000 ETF by 0.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,032 shares of the company’s stock worth $1,348,000 after acquiring an additional 32 shares during the period. Grant GrossMendelsohn LLC boosted its position in shares of iShares Russell 3000 ETF by 3.2% during the 4th quarter. Grant GrossMendelsohn LLC now owns 1,135 shares of the company’s stock worth $379,000 after purchasing an additional 35 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of iShares Russell 3000 ETF by 36.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 136 shares of the company’s stock worth $44,000 after purchasing an additional 36 shares during the period. Robertson Stephens Wealth Management LLC lifted its stake in shares of iShares Russell 3000 ETF by 3.4% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,167 shares of the company’s stock valued at $390,000 after purchasing an additional 38 shares during the period. Finally, Linscomb Wealth Inc. boosted its holdings in iShares Russell 3000 ETF by 3.1% during the fourth quarter. Linscomb Wealth Inc. now owns 1,375 shares of the company’s stock worth $460,000 after buying an additional 41 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).