iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Down 47.6% in July

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cornerstone Planning Group LLC bought a new stake in iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $25,000. International Assets Investment Management LLC bought a new position in shares of iShares Russell Top 200 Value ETF during the first quarter valued at $55,000. Bessemer Group Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the first quarter worth $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 worth $66,000 after purchasing an additional 231 shares during 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 worth $76,000 after purchasing an additional 418 shares during the last quarter.

iShares Russell Top 200 Value ETF Trading Down 0.1%

IWX traded down $0.13 on Friday, reaching $112.72. The stock had a trading volume of 308,725 shares, compared to its average volume of 312,787. The company has a market capitalization of $4.07 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 $85.48 and a fifty-two week high of $113.25. The firm has a 50-day moving average of $107.90 and a 200-day moving average of $101.24.

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.