iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Stock Short Interest Climbs 922.6%

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 65,920 shares, an increase of 922.6% from the September 30th total of 6,446 shares. Based on an average daily trading volume, of 476,389 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. First Citizens Bank & Trust Co. purchased a new position in iShares Russell Top 200 Value ETF during the third quarter worth about $287,533,000. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 2nd quarter valued at about $72,861,000. Sterling Capital Management LLC purchased a new stake in shares of iShares Russell Top 200 Value ETF in the 3rd quarter valued at about $36,621,000. Private Advisor Group LLC raised its holdings in shares of iShares Russell Top 200 Value ETF by 451.0% in the 1st quarter. Private Advisor Group LLC now owns 182,516 shares of the company’s stock valued at $16,914,000 after acquiring an additional 149,393 shares in the last quarter. Finally, Montgomery Financial Services LLC bought a new stake in shares of iShares Russell Top 200 Value ETF during the 2nd quarter valued at about $13,890,000.

iShares Russell Top 200 Value ETF Stock Up 0.1%

NYSEARCA:IWX traded up $0.11 during mid-day trading on Tuesday, hitting $113.83. 37,618 shares of the stock traded hands, compared to its average volume of 345,544. The business’s 50-day moving average price is $111.98 and its 200 day moving average price is $103.40. The company has a market cap of $3.88 billion, a PE ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a 12-month low of $87.26 and a 12-month high of $114.08.

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.