Short Interest in iShares Russell 1000 Value Index (IWD) Expands By 56.9%

iShares Russell 1000 Value Index (NYSEARCA:IWD) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,485,842 shares, an increase of 56.9% from the May 31st total of 946,983 shares. Based on an average daily volume of 1,803,203 shares, the days-to-cover ratio is presently 0.8 days.

iShares Russell 1000 Value Index opened at $121.38 on Friday, according to MarketBeat.com. iShares Russell 1000 Value Index has a 12-month low of $114.01 and a 12-month high of $131.56.

A number of hedge funds and other institutional investors have recently bought and sold shares of IWD. Schwab Charles Investment Management Inc. acquired a new stake in iShares Russell 1000 Value Index in the 4th quarter valued at $343,000. BlackRock Inc. grew its position in iShares Russell 1000 Value Index by 23.0% in the 4th quarter. BlackRock Inc. now owns 3,261,131 shares of the exchange traded fund’s stock valued at $405,489,000 after purchasing an additional 609,515 shares during the period. Allianz Asset Management GmbH acquired a new stake in iShares Russell 1000 Value Index in the 4th quarter valued at $13,275,000. 180 Wealth Advisors LLC acquired a new stake in iShares Russell 1000 Value Index in the 4th quarter valued at $259,000. Finally, Corient Capital Partners LLC acquired a new stake in iShares Russell 1000 Value Index in the 4th quarter valued at $987,000.

About iShares Russell 1000 Value Index

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

Receive News & Ratings for iShares Russell 1000 Value Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value Index and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply