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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 6,446 shares, a decline of 86.1% from the September 15th total of 46,348 shares. Based on an average daily volume of 444,719 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

iShares Russell Top 200 Value ETF Price Performance

IWX stock traded up $0.76 during midday trading on Friday, hitting $111.87. The stock had a trading volume of 106,663 shares, compared to its average volume of 329,555. The business has a 50-day moving average of $111.85 and a two-hundred day moving average of $105.69. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 52-week low of $86.44 and a 52-week high of $113.95.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of hedge funds have recently modified their holdings of the business. IFP Advisors Inc bought a new position in shares of iShares Russell Top 200 Value ETF in the 2nd quarter worth about $27,000. International Assets Investment Management LLC purchased a new position in iShares Russell Top 200 Value ETF during the 1st quarter valued at about $55,000. Bessemer Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the first quarter worth about $61,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Russell Top 200 Value ETF during the third quarter worth about $85,000. Finally, Sound Income Strategies LLC boosted its stake in iShares Russell Top 200 Value ETF by 12.2% during the first quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after acquiring an additional 123 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.