iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Short Interest Down 66.0% in July

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 105,131 shares, a decrease of 66.0% from the June 30th total of 309,206 shares. Based on an average daily trading volume, of 548,168 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of IWX. RTD Financial Advisors Inc. acquired a new position in iShares Russell Top 200 Value ETF during the fourth quarter worth $22,263,000. FSA Advisors Inc. bought a new position in iShares Russell Top 200 Value ETF during the first quarter valued at about $505,000. UBS Group AG lifted its position in shares of iShares Russell Top 200 Value ETF by 7.7% in the fourth quarter. UBS Group AG now owns 341,122 shares of the company’s stock worth $31,335,000 after buying an additional 24,493 shares during the last quarter. World Investment Advisors acquired a new stake in shares of iShares Russell Top 200 Value ETF in the fourth quarter worth about $3,498,000. Finally, TIAA Trust National Association boosted its stake in shares of iShares Russell Top 200 Value ETF by 1.6% during the 4th quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock worth $1,133,934,000 after acquiring an additional 198,318 shares in the last quarter.

iShares Russell Top 200 Value ETF Price Performance

IWX traded up $0.58 during midday trading on Monday, hitting $108.86. 224,436 shares of the company’s stock traded hands, compared to its average volume of 310,173. The company has a market cap of $4.07 billion, a PE ratio of 19.39 and a beta of 0.77. The stock’s fifty day simple moving average is $105.45 and its 200-day simple moving average is $99.47. iShares Russell Top 200 Value ETF has a one year low of $82.78 and a one year high of $109.21.

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.