iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Down 60.4% in January

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 28,902 shares, a decrease of 60.4% from the January 15th total of 72,923 shares. Based on an average daily trading volume, of 287,686 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 287,686 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IWX. CreativeOne Wealth LLC grew its holdings in shares of iShares Russell Top 200 Value ETF by 3.7% during the fourth quarter. CreativeOne Wealth LLC now owns 3,514 shares of the company’s stock worth $323,000 after buying an additional 124 shares in the last quarter. First Horizon Advisors Inc. boosted its position in iShares Russell Top 200 Value ETF by 14.6% during the second quarter. First Horizon Advisors Inc. now owns 1,318 shares of the company’s stock worth $111,000 after acquiring an additional 168 shares during the last quarter. KFA Private Wealth Group LLC boosted its position in iShares Russell Top 200 Value ETF by 8.4% during the fourth quarter. KFA Private Wealth Group LLC now owns 2,703 shares of the company’s stock worth $248,000 after acquiring an additional 209 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Russell Top 200 Value ETF by 1.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,275 shares of the company’s stock worth $1,254,000 after acquiring an additional 214 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its holdings in iShares Russell Top 200 Value ETF by 8.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 2,744 shares of the company’s stock valued at $252,000 after acquiring an additional 219 shares during the last quarter.

iShares Russell Top 200 Value ETF Price Performance

iShares Russell Top 200 Value ETF stock traded up $0.46 during mid-day trading on Friday, hitting $96.95. 125,619 shares of the company were exchanged, compared to its average volume of 240,601. iShares Russell Top 200 Value ETF has a 12-month low of $71.48 and a 12-month high of $98.02. The company has a market capitalization of $3.81 billion, a P/E ratio of 19.39 and a beta of 0.82. The business’s 50 day simple moving average is $94.11 and its two-hundred day simple moving average is $89.90.

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.