iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) Short Interest Update

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 725 shares, a decline of 61.7% from the January 29th total of 1,894 shares. Based on an average daily trading volume, of 8,713 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,713 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of iShares S&P 500 3% Capped ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Granite Bay Wealth Management LLC purchased a new position in iShares S&P 500 3% Capped ETF in the third quarter valued at about $208,000. Royal Bank of Canada boosted its stake in shares of iShares S&P 500 3% Capped ETF by 729.5% during the 4th quarter. Royal Bank of Canada now owns 8,295 shares of the company’s stock worth $257,000 after acquiring an additional 7,295 shares in the last quarter. Finally, AGF Management Ltd. acquired a new stake in shares of iShares S&P 500 3% Capped ETF in the 3rd quarter worth approximately $750,000.

iShares S&P 500 3% Capped ETF Stock Performance

iShares S&P 500 3% Capped ETF stock traded down $0.06 during midday trading on Friday, reaching $31.72. The company’s stock had a trading volume of 4,398 shares, compared to its average volume of 11,887. The firm has a market capitalization of $20.62 million, a PE ratio of 25.86 and a beta of 0.97. iShares S&P 500 3% Capped ETF has a fifty-two week low of $23.87 and a fifty-two week high of $31.98. The stock’s 50 day simple moving average is $31.51 and its 200 day simple moving average is $30.71.

iShares S&P 500 3% Capped ETF Company Profile

The iShares S&P 500 3% Capped ETF (TOPC) is an exchange-traded fund that is based on the S&P 500 3% Capped index, a capped, market-cap-weighted index of 500 large-cap US stocks selected by the S&P Index Committee.