Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Grows By 344.0%

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 82,689 shares, an increase of 344.0% from the July 15th total of 18,624 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 428,953 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in shares of iShares Russell Top 200 Growth ETF by 3.4% in the 1st quarter. AQR Capital Management LLC now owns 3,915 shares of the company’s stock valued at $826,000 after purchasing an additional 127 shares during the period. Goldman Sachs Group Inc. increased its holdings in iShares Russell Top 200 Growth ETF by 77.5% in the first quarter. Goldman Sachs Group Inc. now owns 102,914 shares of the company’s stock worth $21,709,000 after purchasing an additional 44,918 shares in the last quarter. Ieq Capital LLC increased its holdings in iShares Russell Top 200 Growth ETF by 11.9% in the second quarter. Ieq Capital LLC now owns 15,255 shares of the company’s stock worth $3,760,000 after purchasing an additional 1,626 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in iShares Russell Top 200 Growth ETF in the second quarter valued at approximately $3,695,000. Finally, Bank of America Corp DE lifted its stake in iShares Russell Top 200 Growth ETF by 0.9% in the second quarter. Bank of America Corp DE now owns 2,209,077 shares of the company’s stock valued at $544,560,000 after buying an additional 19,978 shares during the period.

iShares Russell Top 200 Growth ETF Price Performance

NYSEARCA IWY traded up $2.24 on Wednesday, reaching $290.53. The company had a trading volume of 813,284 shares, compared to its average volume of 470,053. The business has a 50 day moving average of $284.45 and a two-hundred day moving average of $275.47. iShares Russell Top 200 Growth ETF has a fifty-two week low of $238.75 and a fifty-two week high of $303.12. The firm has a market cap of $16.60 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17.

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.