iShares Russell Top 200 Value ETF (NYSEARCA:IWX – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 55,120 shares, a decrease of 47.6% from the July 15th total of 105,131 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 455,772 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On iShares Russell Top 200 Value ETF
Large investors have recently added to or reduced their stakes in the company. Clark Capital Management Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter valued at about $66,327,000. LPL Financial LLC grew its holdings in shares of iShares Russell Top 200 Value ETF by 654.7% during the fourth quarter. LPL Financial LLC now owns 640,842 shares of the company’s stock worth $58,868,000 after buying 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 approximately $42,834,000. Orion Porfolio Solutions LLC acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at approximately $33,250,000. Finally, RTD Financial Advisors Inc. acquired a new stake in iShares Russell Top 200 Value ETF in the 4th quarter valued at approximately $22,263,000.
iShares Russell Top 200 Value ETF Trading Up 0.3%
Shares of IWX stock traded up $0.31 during trading hours on Tuesday, hitting $112.25. 380,602 shares of the company were exchanged, compared to its average volume of 312,034. iShares Russell Top 200 Value ETF has a 52 week low of $85.59 and a 52 week high of $113.25. The business has a 50 day moving average of $108.06 and a two-hundred day moving average of $101.35. The company has a market capitalization of $4.05 billion, a PE ratio of 19.39 and a beta of 0.77.
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.
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