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

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the recipient of a significant increase in short interest in 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. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 428,953 shares, the days-to-cover ratio is currently 0.2 days.

iShares Russell Top 200 Growth ETF Trading Down 0.6%

NYSEARCA IWY traded down $1.62 during trading on Friday, reaching $291.67. The company’s stock had a trading volume of 104,241 shares, compared to its average volume of 468,453. The stock has a market capitalization of $16.67 billion, a PE ratio of 35.13 and a beta of 1.17. iShares Russell Top 200 Growth ETF has a 1-year low of $238.75 and a 1-year high of $303.12. The business has a 50-day moving average price of $284.24 and a 200-day moving average price of $275.75.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

A number of large investors have recently bought and sold shares of IWY. Compass Financial Management LLC bought a new position in iShares Russell Top 200 Growth ETF during the second quarter valued at about $92,000. Sequoia Financial Advisors LLC boosted its stake in shares of iShares Russell Top 200 Growth ETF by 6.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,701 shares of the company’s stock worth $1,657,000 after acquiring an additional 329 shares in the last quarter. Independent Financial Group LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 27.3% during the 2nd quarter. Independent Financial Group LLC now owns 9,719 shares of the company’s stock valued at $2,825,000 after acquiring an additional 2,084 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of iShares Russell Top 200 Growth ETF by 9.7% during the 2nd quarter. Brookstone Capital Management now owns 115,100 shares of the company’s stock valued at $33,450,000 after acquiring an additional 10,217 shares during the last quarter. Finally, CGC Financial Services LLC raised its stake in shares of iShares Russell Top 200 Growth ETF by 25.3% in the 2nd quarter. CGC Financial Services LLC now owns 47,947 shares of the company’s stock valued at $13,934,000 after acquiring an additional 9,695 shares in the last quarter.

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.