iShares Russell Top 200 Value ETF (NYSEARCA:IWX) Shares Shorted: Short Interest Down 86.1% in September

iShares Russell Top 200 Value ETF (NYSEARCA:IWX) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 6,446 shares, a decline of 86.1% from the September 15th total of 46,348 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 444,719 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On iShares Russell Top 200 Value ETF

Large investors have recently modified their holdings of the stock. RTD Financial Advisors Inc. lifted its position in shares of iShares Russell Top 200 Value ETF by 3.5% during the 3rd quarter. RTD Financial Advisors Inc. now owns 289,542 shares of the company’s stock worth $31,714,000 after buying an additional 9,665 shares during the period. KFA Private Wealth Group LLC grew its position in iShares Russell Top 200 Value ETF by 30.9% in the third quarter. KFA Private Wealth Group LLC now owns 5,970 shares of the company’s stock valued at $654,000 after acquiring an additional 1,410 shares during the period. SigFig Wealth Management LLC acquired a new position in iShares Russell Top 200 Value ETF during the third quarter worth $3,838,000. Eastern Bank acquired a new position in iShares Russell Top 200 Value ETF during the third quarter worth $199,000. Finally, MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares Russell Top 200 Value ETF during the third quarter valued at $85,000.

iShares Russell Top 200 Value ETF Trading Up 0.7%

NYSEARCA:IWX traded up $0.76 during mid-day trading on Friday, hitting $111.87. The company’s stock had a trading volume of 106,663 shares, compared to its average volume of 329,555. iShares Russell Top 200 Value ETF has a fifty-two week low of $86.44 and a fifty-two week high of $113.95. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 19.39 and a beta of 0.77. The stock has a fifty day moving average of $111.85 and a 200-day moving average of $105.60.

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.