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) was the recipient of a large growth in short interest in 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. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 476,389 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IWX. IFP Advisors Inc acquired a new position in shares of iShares Russell Top 200 Value ETF during the second quarter valued at approximately $27,000. International Assets Investment Management LLC bought a new stake in iShares Russell Top 200 Value ETF during the first quarter worth approximately $55,000. Bessemer Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the first quarter worth approximately $61,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Russell Top 200 Value ETF during the third quarter worth approximately $85,000. Finally, Sound Income Strategies LLC lifted its position in iShares Russell Top 200 Value ETF by 12.2% in the first quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after purchasing an additional 123 shares during the period.

iShares Russell Top 200 Value ETF Stock Up 0.3%

iShares Russell Top 200 Value ETF stock traded up $0.37 during trading hours on Monday, hitting $113.72. 216,621 shares of the company traded hands, compared to its average volume of 347,083. iShares Russell Top 200 Value ETF has a 1-year low of $87.26 and a 1-year high of $114.08. The firm has a market cap of $3.88 billion, a P/E ratio of 19.39 and a beta of 0.77. The firm’s 50-day simple moving average is $111.98 and its two-hundred day simple moving average is $103.40.

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.