(IWV) iShares Russell 3000 - Ratings and Ratios

The iShares Russell 3000 ETF (IWV) is designed to track the performance of the Russell 3000 Index, a broad market index that represents approximately 98% of the investable U.S. equity market. The fund typically invests at least 80% of its assets in the component securities of its underlying index, providing exposure to the 3,000 largest publicly traded U.S. companies. It may also allocate up to 20% of its assets in derivatives, such as futures, options, and swap contracts, as well as cash and cash equivalents, to enhance returns or hedge against market risks. This flexible investment approach allows the fund to maintain close alignment with the Russell 3000 Index while managing market volatility and operational efficiencies.

Ticker Symbol: IWV | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Large Blend. The fund is categorized as a Large Blend ETF, indicating its focus on large-cap U.S. stocks with a mix of growth and value characteristics. This makes it a popular choice for investors seeking broad exposure to the U.S. equity market.

From a technical perspective, the funds recent trading activity and price trends suggest moderate volatility. The Average Volume (20d) of 255,300 shares indicates steady liquidity, while the Last Price of $299.38 reflects current market valuation. The SMA (Simple Moving Average) metrics show that the fund is trading below its 20-day ($305.75), 50-day ($321.29), and 200-day ($325.32) moving averages, signaling a bearish trend in the short to medium term. The ATR (Average True Range) of 8.97 highlights the funds price volatility over the past year.

The funds fundamental profile is characterized by significant assets under management (AUM) of $12,839.55 million, underscoring its popularity among institutional and retail investors. This large AUM provides liquidity and scale, enabling efficient tracking of the Russell 3000 Index with minimal tracking error.

3-Month Forecast: - Month 1: The fund is expected to trade in a range of $290-$310, with potential resistance at the 200-day SMA ($325.32) and support near the recent lows of $290. The ATR of 8.97 suggests daily price swings of approximately $9, indicating moderate volatility. - Month 2: If the broader market stabilizes, the fund may recover toward the 50-day SMA ($321.29), with a potential upside of $315-$325. However, continued weakness in large-cap stocks could limit gains. - Month 3: The funds price action will likely remain tied to the performance of the Russell 3000 Index. If the index rebounds, IWV could test the $330 level, otherwise, it may consolidate between $300-$315. The AUM is expected to remain stable, reflecting the funds role as a core holding in many portfolios.