iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Update

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 105,131 shares, a decline of 66.0% from the June 30th total of 309,206 shares. Based on an average daily volume of 548,168 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

iShares Russell Top 200 Value ETF Stock Performance

NYSEARCA IWX opened at $108.28 on Friday. The business has a fifty day moving average price of $105.45 and a 200 day moving average price of $99.43. The company has a market cap of $4.04 billion, a P/E ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a one year low of $82.78 and a one year high of $109.16.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Hedge funds have recently modified their holdings of the business. Clark Capital Management Group Inc. acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth about $66,327,000. LPL Financial LLC grew its stake 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 valued at $58,868,000 after acquiring an additional 555,928 shares in the last quarter. Align Financial LLC acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $42,834,000. Orion Porfolio Solutions LLC acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at about $33,250,000. Finally, RTD Financial Advisors Inc. purchased a new position in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $22,263,000.

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.