Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Grows By 32.3%

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 177,801 shares, a growth of 32.3% from the November 30th total of 134,378 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 376,110 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 376,110 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of NYSEARCA IWY traded down $0.57 during midday trading on Tuesday, hitting $278.93. The company’s stock had a trading volume of 204,780 shares, compared to its average volume of 349,505. iShares Russell Top 200 Growth ETF has a 1-year low of $180.65 and a 1-year high of $288.99. The firm’s fifty day moving average price is $277.99 and its 200-day moving average price is $265.55. The firm has a market cap of $16.79 billion, a P/E ratio of 35.13 and a beta of 1.12.

Institutional Trading of iShares Russell Top 200 Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. TruNorth Capital Management LLC acquired a new stake in iShares Russell Top 200 Growth ETF in the third quarter worth $25,000. Bfsg LLC bought a new position in shares of iShares Russell Top 200 Growth ETF during the third quarter worth about $25,000. CENTRAL TRUST Co acquired a new stake in shares of iShares Russell Top 200 Growth ETF in the 2nd quarter worth about $25,000. Vermillion Wealth Management Inc. acquired a new stake in shares of iShares Russell Top 200 Growth ETF in the 3rd quarter worth about $31,000. Finally, Root Financial Partners LLC bought a new stake in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $34,000.

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. 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.