iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Update

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 46,348 shares, an increase of 53.1% from the August 31st total of 30,269 shares. Based on an average trading volume of 324,340 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

iShares Russell Top 200 Value ETF Price Performance

Shares of IWX opened at $109.92 on Friday. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a fifty-two week low of $86.44 and a fifty-two week high of $113.95. The business’s 50-day moving average is $111.69 and its 200-day moving average is $104.98.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC lifted its holdings in shares of iShares Russell Top 200 Value ETF by 12.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock valued at $105,000 after buying an additional 123 shares during the last quarter. LifePlan Investment Advisors Inc. increased its holdings in iShares Russell Top 200 Value ETF by 7.3% in the second quarter. LifePlan Investment Advisors Inc. now owns 2,922 shares of the company’s stock worth $307,000 after buying an additional 199 shares during the last quarter. SMART Wealth LLC raised its position in iShares Russell Top 200 Value ETF by 2.6% during the first quarter. SMART Wealth LLC now owns 8,959 shares of the company’s stock valued at $830,000 after acquiring an additional 223 shares in the last quarter. IFP Advisors Inc bought a new position in iShares Russell Top 200 Value ETF during the second quarter valued at approximately $27,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in iShares Russell Top 200 Value ETF by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,852 shares of the company’s stock valued at $2,375,000 after acquiring an additional 307 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.