Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Decreases By 82.4%
by Mitch Edgeman · The Markets DailyiShares Russell Top 200 Growth ETF (NYSEARCA:IWY – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 18,624 shares, a decrease of 82.4% from the June 30th total of 106,065 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 322,030 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of iShares Russell Top 200 Growth ETF
Several institutional investors have recently modified their holdings of IWY. Networth Advisors LLC bought a new stake in iShares Russell Top 200 Growth ETF in the fourth quarter worth about $945,000. Future Financial Wealth Managment LLC boosted its position in shares of iShares Russell Top 200 Growth ETF by 11.5% during the 4th quarter. Future Financial Wealth Managment LLC now owns 21,633 shares of the company’s stock valued at $5,782,000 after purchasing an additional 2,239 shares in the last quarter. Equity Wealth Partners LLC boosted its position in shares of iShares Russell Top 200 Growth ETF by 73.2% during the 4th quarter. Equity Wealth Partners LLC now owns 52,948 shares of the company’s stock valued at $14,663,000 after purchasing an additional 22,372 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of iShares Russell Top 200 Growth ETF by 90.2% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,426 shares of the company’s stock valued at $2,610,000 after purchasing an additional 4,471 shares in the last quarter. Finally, Oak Harvest Investment Services grew its stake in shares of iShares Russell Top 200 Growth ETF by 8.4% in the 4th quarter. Oak Harvest Investment Services now owns 30,254 shares of the company’s stock worth $8,379,000 after purchasing an additional 2,341 shares during the last quarter.
iShares Russell Top 200 Growth ETF Stock Down 0.8%
NYSEARCA IWY traded down $2.16 on Friday, reaching $274.90. 263,668 shares of the stock traded hands, compared to its average volume of 476,644. The firm’s fifty day simple moving average is $287.71 and its 200 day simple moving average is $274.91. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. iShares Russell Top 200 Growth ETF has a 12 month low of $238.75 and a 12 month high of $303.12.
About iShares Russell Top 200 Growth ETF
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.