iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Significant Growth in Short Interest

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 72,923 shares, an increase of 27.3% from the December 31st total of 57,286 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 266,198 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 266,198 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IWX. Cornerstone Planning Group LLC acquired a new stake in iShares Russell Top 200 Value ETF during the fourth quarter worth about $25,000. First Horizon Corp bought a new position in shares of iShares Russell Top 200 Value ETF in the 3rd quarter valued at $38,000. Richardson Financial Services Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the 4th quarter worth $49,000. CoreCap Advisors LLC grew its holdings in 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 worth $47,000 after acquiring an additional 356 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of iShares Russell Top 200 Value ETF by 42.1% in the second quarter. Tower Research Capital LLC TRC now owns 780 shares of the company’s stock worth $66,000 after acquiring an additional 231 shares during the period.

iShares Russell Top 200 Value ETF Trading Up 0.2%

IWX stock traded up $0.21 during trading hours on Wednesday, hitting $97.26. 19,394 shares of the stock were exchanged, compared to its average volume of 260,017. iShares Russell Top 200 Value ETF has a 12 month low of $71.48 and a 12 month high of $97.49. The firm has a market capitalization of $3.82 billion, a P/E ratio of 19.39 and a beta of 0.82. The company has a 50-day simple moving average of $93.15 and a two-hundred day simple moving average of $89.30.

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.