iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Up 129.1% in March

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 79,753 shares, an increase of 129.1% from the February 26th total of 34,813 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 258,921 shares, the days-to-cover ratio is presently 0.3 days.

iShares Russell Top 200 Value ETF Stock Down 1.1%

Shares of NYSEARCA IWX traded down $1.03 during midday trading on Thursday, hitting $92.09. The stock had a trading volume of 94,482 shares, compared to its average volume of 256,227. iShares Russell Top 200 Value ETF has a 1-year low of $71.48 and a 1-year high of $98.02. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The company has a fifty day moving average price of $95.63 and a 200 day moving average price of $91.84.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth approximately $25,000. First Horizon Corp purchased a new position in shares of iShares Russell Top 200 Value ETF in the 3rd quarter valued at $38,000. CoreCap Advisors LLC lifted its holdings in shares of iShares Russell Top 200 Value ETF by 195.6% during the 3rd quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock valued at $47,000 after acquiring an additional 356 shares in the last quarter. Richardson Financial Services Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at $49,000. Finally, Tower Research Capital LLC TRC boosted its position in iShares Russell Top 200 Value ETF by 42.1% during the 2nd 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 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.