iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Shorted: Short Interest Up 53.1% in September

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 46,348 shares, an increase of 53.1% from the August 31st total of 30,269 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 324,340 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares Russell Top 200 Value ETF

Several hedge funds have recently modified their holdings of IWX. IFP Advisors Inc bought a new stake in iShares Russell Top 200 Value ETF during the second quarter worth about $27,000. International Assets Investment Management LLC acquired a new position in shares of iShares Russell Top 200 Value ETF during the 1st quarter worth approximately $55,000. Bessemer Group Inc. bought a new stake in shares of iShares Russell Top 200 Value ETF during the 1st quarter worth approximately $61,000. Harbour Investments Inc. raised its stake in shares of iShares Russell Top 200 Value ETF by 101.7% during the 4th quarter. Harbour Investments Inc. now owns 829 shares of the company’s stock worth $76,000 after purchasing an additional 418 shares in the last quarter. Finally, Sound Income Strategies LLC raised its stake in shares of iShares Russell Top 200 Value ETF by 12.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,130 shares of the company’s stock worth $105,000 after purchasing an additional 123 shares in the last quarter.

iShares Russell Top 200 Value ETF Trading Down 0.1%

Shares of IWX stock opened at $109.40 on Friday. iShares Russell Top 200 Value ETF has a 1 year low of $86.44 and a 1 year high of $113.95. The firm’s fifty day moving average price is $111.66 and its two-hundred day moving average price is $104.94. The firm has a market capitalization of $3.83 billion, a P/E 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.