iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Sees Significant Decline in Short Interest

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 34,813 shares, a decrease of 51.9% from the February 12th total of 72,451 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 407,793 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 407,793 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of iShares Russell Top 200 Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Clark Capital Management Group Inc. acquired a new stake in shares of iShares Russell Top 200 Value ETF during the fourth quarter worth approximately $66,327,000. LPL Financial LLC increased its stake in iShares Russell Top 200 Value ETF by 654.7% in the 4th quarter. LPL Financial LLC now owns 640,842 shares of the company’s stock valued at $58,868,000 after buying an additional 555,928 shares during the period. SVB Wealth LLC acquired a new position in iShares Russell Top 200 Value ETF in the 2nd quarter valued at approximately $44,836,000. First Citizens Investor Services Inc. purchased a new stake in iShares Russell Top 200 Value ETF in the 3rd quarter worth approximately $38,821,000. Finally, Align Financial LLC purchased a new stake in iShares Russell Top 200 Value ETF in the 4th quarter worth approximately $42,834,000.

iShares Russell Top 200 Value ETF Price Performance

iShares Russell Top 200 Value ETF stock traded down $1.14 during midday trading on Thursday, reaching $93.41. The stock had a trading volume of 308,823 shares, compared to its average volume of 276,098. iShares Russell Top 200 Value ETF has a twelve month low of $71.48 and a twelve month high of $98.02. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 19.39 and a beta of 0.82. The firm’s fifty day simple moving average is $95.80 and its two-hundred day simple moving average is $91.40.

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.