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

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 72,451 shares, a growth of 150.7% from the January 29th total of 28,902 shares. Based on an average daily volume of 168,053 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 168,053 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Institutional investors have recently added to or reduced their stakes in the company. TIAA Trust National Association raised its holdings in shares of iShares Russell Top 200 Value ETF by 13.2% in the 2nd quarter. TIAA Trust National Association now owns 12,631,293 shares of the company’s stock worth $1,063,429,000 after purchasing an additional 1,472,920 shares during the period. Clark Capital Management Group Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth about $66,327,000. LPL Financial LLC increased its position in iShares Russell Top 200 Value ETF by 654.7% during the 4th quarter. LPL Financial LLC now owns 640,842 shares of the company’s stock worth $58,868,000 after purchasing an additional 555,928 shares in the last quarter. SVB Wealth LLC purchased a new position in iShares Russell Top 200 Value ETF in the second quarter valued at approximately $44,836,000. Finally, First Citizens Investor Services Inc. acquired a new position in iShares Russell Top 200 Value ETF during the third quarter valued at approximately $38,821,000.

iShares Russell Top 200 Value ETF Trading Up 0.2%

Shares of IWX traded up $0.20 during mid-day trading on Friday, reaching $97.59. The company had a trading volume of 113,258 shares, compared to its average volume of 279,173. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The firm has a fifty day simple moving average of $95.26 and a 200-day simple moving average of $90.81. iShares Russell Top 200 Value ETF has a fifty-two week low of $71.48 and a fifty-two week high of $98.02.

About iShares Russell Top 200 Value ETF

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.