Short Interest in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Decreases By 82.8%

by · The Cerbat Gem

iShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 30,269 shares, a decrease of 82.8% from the August 15th total of 176,146 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 249,923 shares, the short-interest ratio is currently 0.1 days.

iShares Russell Top 200 Value ETF Stock Performance

NYSEARCA:IWX traded up $1.00 during mid-day trading on Friday, hitting $112.51. 71,149 shares of the company’s stock traded hands, compared to its average volume of 306,827. The firm’s 50 day simple moving average is $110.71 and its 200 day simple moving average is $103.34. iShares Russell Top 200 Value ETF has a 1 year low of $86.44 and a 1 year high of $113.95. The company has a market cap of $4.06 billion, a PE ratio of 19.39 and a beta of 0.77.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IWX. IFP Advisors Inc purchased a new stake in iShares Russell Top 200 Value ETF in the 2nd quarter valued at approximately $27,000. International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth $55,000. Bessemer Group Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the first quarter valued at $61,000. Tower Research Capital LLC TRC lifted its position 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 acquiring an additional 231 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of iShares Russell Top 200 Value ETF by 101.7% during the fourth quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock valued at $76,000 after acquiring an additional 418 shares during the last quarter.

About iShares Russell Top 200 Value ETF

(Get Free Report)

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.

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