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

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPCGet Free Report) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,130 shares, a decrease of 98.3% from the February 26th total of 65,779 shares. Based on an average trading volume of 6,377 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 6,377 shares, the days-to-cover ratio is presently 0.2 days.

iShares S&P 500 3% Capped ETF Stock Up 0.8%

TOPC stock traded up $0.25 during midday trading on Wednesday, reaching $30.39. The stock had a trading volume of 897 shares, compared to its average volume of 9,795. The firm has a market cap of $19.75 million, a price-to-earnings ratio of 25.86 and a beta of 0.97. iShares S&P 500 3% Capped ETF has a twelve month low of $23.87 and a twelve month high of $31.98. The business has a fifty day simple moving average of $31.34 and a two-hundred day simple moving average of $30.92.

Institutional Investors Weigh In On iShares S&P 500 3% Capped ETF

A number of institutional investors have recently made changes to their positions in TOPC. Royal Bank of Canada increased its stake in iShares S&P 500 3% Capped ETF by 729.5% in the fourth quarter. Royal Bank of Canada now owns 8,295 shares of the company’s stock valued at $257,000 after purchasing an additional 7,295 shares in the last quarter. AGF Management Ltd. acquired a new position in shares of iShares S&P 500 3% Capped ETF in the 3rd quarter valued at $750,000. Finally, Granite Bay Wealth Management LLC acquired a new position in shares of iShares S&P 500 3% Capped ETF in the 3rd quarter valued at $208,000.

iShares S&P 500 3% Capped ETF Company Profile

(Get Free Report)

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.

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