iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Shorted: Short Interest Up 922.6% in October

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 65,920 shares, a growth of 922.6% from the September 30th total of 6,446 shares. Based on an average daily volume of 476,389 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of iShares Russell Top 200 Value ETF

Large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc acquired a new position in iShares Russell Top 200 Value ETF during the 2nd quarter worth $27,000. International Assets Investment Management LLC bought a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth $55,000. Bessemer Group Inc. bought a new position in shares of iShares Russell Top 200 Value ETF in the first quarter worth $61,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares Russell Top 200 Value ETF during the third quarter valued at $85,000. Finally, Sound Income Strategies LLC increased its holdings in shares of 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 valued at $105,000 after purchasing an additional 123 shares during the period.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX traded up $0.37 during mid-day trading on Monday, reaching $113.72. 216,621 shares of the company’s stock traded hands, compared to its average volume of 347,083. The business’s 50-day moving average price is $111.98 and its 200-day moving average price is $103.40. The stock has a market capitalization of $3.88 billion, a P/E ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 12 month low of $87.26 and a 12 month high of $114.08.

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.