iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Update

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 309,206 shares, an increase of 699.8% from the June 15th total of 38,659 shares. Based on an average daily volume of 542,894 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

A number of institutional investors have recently made changes to their positions in IWX. Jane Street Group LLC bought a new stake in iShares Russell Top 200 Value ETF during the first quarter valued at $1,363,000. Qube Research & Technologies Ltd boosted its position in iShares Russell Top 200 Value ETF by 157.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,025 shares of the company’s stock worth $86,000 after acquiring an additional 627 shares during the period. Quantinno Capital Management LP bought a new position in iShares Russell Top 200 Value ETF in the 2nd quarter valued at about $607,000. Raymond James Financial Inc. boosted its holdings in shares of iShares Russell Top 200 Value ETF by 16.1% in the second quarter. Raymond James Financial Inc. now owns 118,934 shares of the company’s stock valued at $10,013,000 after acquiring an additional 16,511 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in iShares Russell Top 200 Value ETF by 2.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 12,071 shares of the company’s stock valued at $1,016,000 after purchasing an additional 328 shares in the last quarter.

iShares Russell Top 200 Value ETF Trading Up 0.5%

IWX stock opened at $108.22 on Monday. The firm has a 50 day simple moving average of $104.17 and a 200-day simple moving average of $98.38. The company has a market capitalization of $3.85 billion, a P/E ratio of 19.39 and a beta of 0.77. iShares Russell Top 200 Value ETF has a twelve month low of $82.78 and a twelve month high of $108.72.

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.