iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Significant Increase in Short Interest

by · The Markets Daily

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY – Get Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 82,689 shares, an increase of 344.0% from the July 15th total of 18,624 shares. Based on an average trading volume of 428,953 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

iShares Russell Top 200 Growth ETF Price Performance

NYSEARCA:IWY traded up $2.24 during mid-day trading on Wednesday, reaching $290.53. The stock had a trading volume of 813,284 shares, compared to its average volume of 470,053. The stock has a market capitalization of $16.60 billion, a PE ratio of 35.13 and a beta of 1.17. iShares Russell Top 200 Growth ETF has a 12 month low of $238.75 and a 12 month high of $303.12. The stock has a 50-day simple moving average of $284.45 and a two-hundred day simple moving average of $275.47.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

Several hedge funds have recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new position in iShares Russell Top 200 Growth ETF in the fourth quarter valued at about $31,000. Optima Capital LLC acquired a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter valued at approximately $33,000. Main Street Group LTD acquired a new position in shares of iShares Russell Top 200 Growth ETF in the first quarter valued at approximately $35,000. International Assets Investment Management LLC bought a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at approximately $52,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in iShares Russell Top 200 Growth ETF during the 1st quarter worth approximately $54,000.

iShares Russell Top 200 Growth ETF Company Profile

(Get Free Report)

iShares Russell Top 200 Growth ETF (the Fund), formerly iShares Russell Top 200 Growth Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index (the Growth Index). The Growth Index is a style factor weighted index that measures the performance of the largest capitalization growth sector of the United States equity market. The Fund invests in a representative sample of securities included in the Growth Index that collectively has an investment profile similar to the Growth Index.

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