Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Drops By 29.4%

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 135,600 shares, a decrease of 29.4% from the September 30th total of 192,100 shares. Based on an average trading volume of 255,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 255,800 shares, the days-to-cover ratio is currently 0.5 days.

iShares Russell Top 200 Growth ETF Price Performance

Shares of IWY traded up $1.31 during midday trading on Monday, hitting $285.63. The stock had a trading volume of 236,313 shares, compared to its average volume of 359,226. iShares Russell Top 200 Growth ETF has a 1 year low of $180.65 and a 1 year high of $288.99. The firm has a market cap of $17.19 billion, a PE ratio of 35.13 and a beta of 1.12. The stock’s 50 day moving average is $271.40 and its 200 day moving average is $250.40.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TIAA Trust National Association boosted its position in iShares Russell Top 200 Growth ETF by 1.2% in the 2nd 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 period. Ameriprise Financial Inc. grew its stake in iShares Russell Top 200 Growth ETF by 2.1% in the 1st quarter. Ameriprise Financial Inc. now owns 2,415,448 shares of the company’s stock worth $509,400,000 after acquiring an additional 50,431 shares in the last quarter. Bank of America Corp DE grew 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 acquiring an additional 19,978 shares in the last quarter. AE Wealth Management LLC grew its stake in iShares Russell Top 200 Growth ETF by 4.7% in the 2nd quarter. AE Wealth Management LLC now owns 627,860 shares of the company’s stock worth $154,774,000 after acquiring an additional 28,302 shares in the last quarter. Finally, Boulay Financial Advisors LLC bought a new position in iShares Russell Top 200 Growth ETF in the 2nd quarter worth about $144,523,000.

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.