iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Down 51.9% in February

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 34,813 shares, a drop of 51.9% from the February 12th total of 72,451 shares. Based on an average daily volume of 407,793 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 407,793 shares, the days-to-cover ratio is currently 0.1 days.

iShares Russell Top 200 Value ETF Price Performance

NYSEARCA IWX traded up $0.11 during trading hours on Friday, reaching $93.52. The company’s stock had a trading volume of 223,884 shares, compared to its average volume of 275,032. iShares Russell Top 200 Value ETF has a 52 week low of $71.48 and a 52 week high of $98.02. The firm has a fifty day simple moving average of $95.82 and a 200-day simple moving average of $91.49. The stock has a market cap of $3.67 billion, a P/E ratio of 19.39 and a beta of 0.82.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in iShares Russell Top 200 Value ETF during the first quarter valued at about $1,363,000. Prospera Financial Services Inc lifted its position in iShares Russell Top 200 Value ETF by 23.4% during the second quarter. Prospera Financial Services Inc now owns 10,564 shares of the company’s stock valued at $889,000 after purchasing an additional 2,002 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of iShares Russell Top 200 Value ETF by 1.6% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 20,338 shares of the company’s stock valued at $1,712,000 after buying an additional 312 shares in the last quarter. Perennial Investment Advisors LLC purchased a new position in shares of iShares Russell Top 200 Value ETF during the second quarter valued at about $203,000. Finally, JPMorgan Chase & Co. boosted its holdings in iShares Russell Top 200 Value ETF by 8.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 274,444 shares of the company’s stock valued at $23,105,000 after acquiring an additional 21,382 shares during the period.

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.