Short Interest in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Increases By 186.1%

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 34,262 shares, an increase of 186.1% from the April 30th total of 11,974 shares. Based on an average daily volume of 129,970 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

iShares Russell Top 200 Value ETF Price Performance

Shares of iShares Russell Top 200 Value ETF stock traded down $0.01 during trading on Friday, hitting $103.73. The company’s stock had a trading volume of 202,964 shares, compared to its average volume of 268,680. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 19.39 and a beta of 0.78. The stock has a 50-day moving average price of $98.05 and a two-hundred day moving average price of $95.18. iShares Russell Top 200 Value ETF has a 52 week low of $81.04 and a 52 week high of $104.19.

Institutional Trading of iShares Russell Top 200 Value ETF

A number of institutional investors have recently bought and sold shares of the company. TIAA Trust National Association boosted its position in iShares Russell Top 200 Value ETF by 1.6% during the fourth quarter. TIAA Trust National Association now owns 12,344,150 shares of the company’s stock valued at $1,133,934,000 after acquiring an additional 198,318 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares Russell Top 200 Value ETF by 1.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,332,301 shares of the company’s stock valued at $581,685,000 after acquiring an additional 93,664 shares during the last quarter. First Citizens Bank & Trust Co. boosted its position in iShares Russell Top 200 Value ETF by 1.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 5,983,534 shares of the company’s stock valued at $549,647,000 after acquiring an additional 77,178 shares during the last quarter. AE Wealth Management LLC boosted its position in iShares Russell Top 200 Value ETF by 3.2% during the fourth quarter. AE Wealth Management LLC now owns 1,081,107 shares of the company’s stock valued at $99,311,000 after acquiring an additional 33,150 shares during the last quarter. Finally, Clark Capital Management Group Inc. bought a new stake in iShares Russell Top 200 Value ETF during the fourth quarter valued at $66,327,000.

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.