iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Significant Decrease in Short Interest

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 55,120 shares, a drop of 47.6% from the July 15th total of 105,131 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 455,772 shares, the short-interest ratio is presently 0.1 days.

iShares Russell Top 200 Value ETF Price Performance

IWX stock traded down $0.78 during midday trading on Monday, hitting $111.94. The company’s stock had a trading volume of 126,979 shares, compared to its average volume of 311,595. The company’s fifty day moving average price is $108.06 and its 200 day moving average price is $101.35. iShares Russell Top 200 Value ETF has a twelve month low of $85.48 and a twelve month high of $113.25. The stock has a market capitalization of $4.04 billion, a P/E ratio of 19.39 and a beta of 0.77.

Institutional Trading of iShares Russell Top 200 Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of IWX. Cornerstone Planning Group LLC bought a new position in iShares Russell Top 200 Value ETF in the fourth quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Russell Top 200 Value ETF in the 1st quarter valued at approximately $55,000. Bessemer Group Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF in the 1st quarter valued at approximately $61,000. Tower Research Capital LLC TRC grew its stake in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock valued at $66,000 after buying an additional 231 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of iShares Russell Top 200 Value ETF by 101.7% in the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock valued at $76,000 after buying an additional 418 shares in the last quarter.

iShares Russell Top 200 Value ETF Company Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.