iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) Stock Short Interest Report for October

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,050 shares, a decline of 88.0% from the September 30th total of 8,750 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 5,403 shares, the short-interest ratio is presently 0.2 days.

iShares S&P 500 3% Capped ETF Stock Up 0.2%

iShares S&P 500 3% Capped ETF stock traded up $0.08 during trading hours on Tuesday, reaching $34.88. 27,879 shares of the company’s stock were exchanged, compared to its average volume of 8,703. iShares S&P 500 3% Capped ETF has a twelve month low of $29.14 and a twelve month high of $35.63. The firm’s 50 day simple moving average is $34.91 and its 200 day simple moving average is $33.25. The firm has a market capitalization of $33.14 million, a PE ratio of 25.86 and a beta of 0.89.

Hedge Funds Weigh In On iShares S&P 500 3% Capped ETF

A hedge fund recently raised its position in iShares S&P 500 3% Capped ETF stock. Royal Bank of Canada grew its holdings in shares of iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) by 375.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,417 shares of the company’s stock after purchasing an additional 31,122 shares during the quarter. Royal Bank of Canada owned approximately 4.93% of iShares S&P 500 3% Capped ETF worth $1,183,000 at the end of the most recent reporting period.

About iShares S&P 500 3% Capped ETF

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.