Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Declines By 82.4%

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the recipient of a large decrease in short interest during 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. Based on an average daily volume of 322,030 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

iShares Russell Top 200 Growth ETF Price Performance

Shares of IWY traded down $1.48 on Monday, reaching $273.42. The company’s stock had a trading volume of 266,536 shares, compared to its average volume of 475,153. The stock’s 50 day simple moving average is $287.35 and its two-hundred day simple moving average is $274.87. The stock has a market capitalization of $15.86 billion, a P/E 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.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lifetime Wealth Management P.C. purchased a new position in iShares Russell Top 200 Growth ETF during the fourth quarter valued at $31,000. Optima Capital LLC purchased a new stake in iShares Russell Top 200 Growth ETF in the fourth quarter worth about $33,000. Main Street Group LTD bought a new position in shares of iShares Russell Top 200 Growth ETF in the first quarter worth about $35,000. International Assets Investment Management LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the fourth quarter worth about $52,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of iShares Russell Top 200 Growth ETF in the first quarter worth about $54,000.

iShares Russell Top 200 Growth ETF Company Profile

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.