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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 55,120 shares, a decrease of 47.6% from the July 15th total of 105,131 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 455,772 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of IWX. RTD Financial Advisors Inc. bought a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth approximately $22,263,000. FSA Advisors Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF in the 1st quarter valued at $505,000. World Investment Advisors acquired a new position in shares of iShares Russell Top 200 Value ETF during the 4th quarter valued at $3,498,000. UBS Group AG lifted its position in shares of iShares Russell Top 200 Value ETF by 7.7% during the 4th quarter. UBS Group AG now owns 341,122 shares of the company’s stock valued at $31,335,000 after acquiring an additional 24,493 shares during the period. Finally, TIAA Trust National Association boosted its stake in iShares Russell Top 200 Value ETF by 1.6% during the fourth quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock worth $1,133,934,000 after acquiring an additional 198,318 shares in the last quarter.

iShares Russell Top 200 Value ETF Price Performance

Shares of iShares Russell Top 200 Value ETF stock traded down $0.13 during midday trading on Friday, reaching $112.72. The company had a trading volume of 308,725 shares, compared to its average volume of 312,787. The stock has a fifty day moving average price of $107.90 and a 200 day moving average price of $101.24. The firm has a market cap of $4.07 billion, a PE 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.

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.