Short Interest in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Expands By 27.3%

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a large increase in short interest during 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 stock are sold short. Based on an average trading volume of 266,198 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 266,198 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $25,000. First Horizon Corp acquired a new stake in shares of iShares Russell Top 200 Value ETF during the third quarter worth $38,000. CoreCap Advisors LLC boosted its holdings in shares of iShares Russell Top 200 Value ETF by 195.6% during the third quarter. CoreCap Advisors LLC now owns 538 shares of the company’s stock worth $47,000 after purchasing an additional 356 shares during the last quarter. Richardson Financial Services Inc. purchased a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at $49,000. Finally, Tower Research Capital LLC TRC increased its stake in 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 valued at $66,000 after purchasing an additional 231 shares during the last quarter.

iShares Russell Top 200 Value ETF Trading Up 0.9%

Shares of NYSEARCA:IWX traded up $0.84 on Monday, hitting $96.94. The company had a trading volume of 159,644 shares, compared to its average volume of 271,312. The company has a market cap of $3.80 billion, a PE ratio of 19.39 and a beta of 0.82. iShares Russell Top 200 Value ETF has a 52-week low of $71.48 and a 52-week high of $97.03. The business has a 50 day moving average of $93.01 and a 200 day moving average of $89.21.

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.