iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Significant Growth in Short Interest

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 128,004 shares, a growth of 153.8% from the May 31st total of 50,444 shares. Based on an average daily trading volume, of 440,269 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of iShares Russell Top 200 Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IWY. Bank of America Corp DE boosted its stake in iShares Russell Top 200 Growth ETF by 58.6% in the 1st quarter. Bank of America Corp DE now owns 3,357,374 shares of the company’s stock worth $835,449,000 after purchasing an additional 1,240,884 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 32.0% in the third quarter. Ameriprise Financial Inc. now owns 3,180,008 shares of the company’s stock worth $869,831,000 after buying an additional 771,024 shares in the last quarter. Mariner LLC lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 0.4% in the fourth quarter. Mariner LLC now owns 1,466,054 shares of the company’s stock worth $406,010,000 after buying an additional 5,299 shares in the last quarter. Morgan Stanley boosted its position in shares of iShares Russell Top 200 Growth ETF by 1.2% in the fourth quarter. Morgan Stanley now owns 1,322,246 shares of the company’s stock valued at $366,183,000 after acquiring an additional 15,710 shares during the period. Finally, AE Wealth Management LLC boosted its position in shares of iShares Russell Top 200 Growth ETF by 2.0% in the fourth quarter. AE Wealth Management LLC now owns 638,124 shares of the company’s stock valued at $176,722,000 after acquiring an additional 12,365 shares during the period.

iShares Russell Top 200 Growth ETF Price Performance

Shares of IWY stock opened at $278.18 on Monday. The stock has a market capitalization of $16.43 billion, a price-to-earnings ratio of 35.13 and a beta of 1.16. The company’s fifty day simple moving average is $287.15 and its two-hundred day simple moving average is $273.89. iShares Russell Top 200 Growth ETF has a 1 year low of $238.75 and a 1 year high of $303.12.

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.