Short Interest in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Increases By 186.1%

iShares Russell Top 200 Value ETF (NYSEARCA:IWXGet Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 34,262 shares, an increase of 186.1% from the April 30th total of 11,974 shares. Based on an average daily volume of 129,970 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $2,987,000. RTD Financial Advisors Inc. acquired a new position in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $22,263,000. Wilmington Savings Fund Society FSB increased its holdings in shares of iShares Russell Top 200 Value ETF by 3.4% during the third quarter. Wilmington Savings Fund Society FSB now owns 487,300 shares of the company’s stock worth $42,824,000 after buying an additional 15,868 shares in the last quarter. Kelly Financial Services LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth $788,000. Finally, Fifth Third Wealth Advisors LLC increased its holdings in shares of iShares Russell Top 200 Value ETF by 52.7% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 24,476 shares of the company’s stock worth $2,248,000 after buying an additional 8,450 shares in the last quarter.

iShares Russell Top 200 Value ETF Price Performance

IWX traded down $0.01 during trading on Friday, hitting $103.73. 202,964 shares of the stock traded hands, compared to its average volume of 268,680. iShares Russell Top 200 Value ETF has a twelve month low of $81.04 and a twelve month high of $104.19. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78. The business has a 50 day moving average price of $98.05 and a 200 day moving average price of $95.18.

iShares Russell Top 200 Value ETF Company Profile

(Get Free Report)

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.

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