iShares Russell 3000 ETF (NYSEARCA:IWV) Sees Large Volume Increase – Time to Buy?

iShares Russell 3000 ETF (NYSEARCA:IWV) shares saw strong trading volume on Thursday . 328,882 shares were traded 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 Trading Up 0.2 %

The company’s 50 day moving average is $339.59 and its 200-day moving average is $324.72. The firm has a market capitalization of $15.34 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IWV. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 3000 ETF during the 3rd quarter worth $33,000. Blue Trust Inc. raised its position in shares of iShares Russell 3000 ETF by 384.0% in the 3rd quarter. Blue Trust Inc. now owns 121 shares of the company’s stock valued at $37,000 after buying an additional 96 shares in the last quarter. Denver PWM LLC bought a new stake in shares of iShares Russell 3000 ETF during the 2nd quarter worth approximately $42,000. Federated Hermes Inc. boosted its position in shares of iShares Russell 3000 ETF by 142.1% during the 2nd quarter. Federated Hermes Inc. now owns 138 shares of the company’s stock worth $43,000 after acquiring an additional 81 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares Russell 3000 ETF in the second quarter valued at approximately $44,000.

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).