Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Drops By 31.8%

by · The Cerbat Gem

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY – Get Free Report) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 96,221 shares, a drop of 31.8% from the December 31st total of 141,009 shares. Based on an average daily trading volume, of 595,309 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 595,309 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares Russell Top 200 Growth ETF

A number of hedge funds have recently made changes to their positions in IWY. TIAA Trust National Association raised its stake in iShares Russell Top 200 Growth ETF by 1.2% during the second quarter. TIAA Trust National Association now owns 6,102,300 shares of the company’s stock valued at $1,504,278,000 after buying an additional 72,254 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares Russell Top 200 Growth ETF by 32.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,180,008 shares of the company’s stock worth $869,831,000 after purchasing an additional 771,024 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares Russell Top 200 Growth ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 2,209,077 shares of the company’s stock worth $544,560,000 after purchasing an additional 19,978 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell Top 200 Growth ETF by 231.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,327,228 shares of the company’s stock worth $363,196,000 after purchasing an additional 926,618 shares in the last quarter. Finally, AE Wealth Management LLC grew its position in iShares Russell Top 200 Growth ETF by 2.0% during the 4th quarter. AE Wealth Management LLC now owns 638,124 shares of the company’s stock valued at $176,722,000 after purchasing an additional 12,365 shares during the last quarter.

iShares Russell Top 200 Growth ETF Stock Down 0.7%

Shares of IWY stock traded down $1.86 during mid-day trading on Friday, reaching $272.30. 683,845 shares of the company’s stock traded hands, compared to its average volume of 489,417. The company’s 50-day moving average price is $276.49 and its 200-day moving average price is $270.32. The company has a market cap of $16.15 billion, a P/E ratio of 35.13 and a beta of 1.12. iShares Russell Top 200 Growth ETF has a 12 month low of $180.65 and a 12 month high of $288.99.

About iShares Russell Top 200 Growth ETF

(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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