iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Down 43.1% in March
by Jessica Moore · The Cerbat GemiShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 45,350 shares, a decline of 43.1% from the March 15th total of 79,753 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 141,924 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Trading of iShares Russell Top 200 Value ETF
Hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC bought a new stake in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $25,000. First Horizon Corp bought a new stake in iShares Russell Top 200 Value ETF in the 3rd quarter worth approximately $38,000. Richardson Financial Services Inc. bought a new stake in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $49,000. CoreCap Advisors LLC lifted its position in iShares Russell Top 200 Value ETF by 195.6% in the 3rd quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $47,000 after buying an additional 356 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in iShares Russell Top 200 Value ETF by 42.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after buying an additional 231 shares during the last quarter.
iShares Russell Top 200 Value ETF Stock Performance
NYSEARCA:IWX traded down $0.29 during mid-day trading on Wednesday, reaching $96.94. The stock had a trading volume of 93,095 shares, compared to its average volume of 241,451. The firm has a 50 day moving average price of $95.22 and a two-hundred day moving average price of $92.53. The stock has a market capitalization of $3.64 billion, a P/E ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a one year low of $74.82 and a one year high of $98.02.
About iShares Russell Top 200 Value ETF
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.