iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) Short Interest Update

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 31,427 shares, a growth of 56.2% from the August 31st total of 20,116 shares. Approximately 3.3% of the shares of the company are short sold. Based on an average daily trading volume, of 5,550 shares, the days-to-cover ratio is currently 5.7 days.

iShares S&P 500 3% Capped ETF Stock Performance

Shares of TOPC stock traded up $0.05 during mid-day trading on Thursday, reaching $34.65. The company’s stock had a trading volume of 14,701 shares, compared to its average volume of 8,960. iShares S&P 500 3% Capped ETF has a 1-year low of $29.14 and a 1-year high of $35.63. The company has a market cap of $32.92 million, a P/E ratio of 25.86 and a beta of 0.88. The firm’s 50-day moving average is $34.82 and its two-hundred day moving average is $33.62.

Institutional Trading of iShares S&P 500 3% Capped ETF

A hedge fund recently raised its stake in iShares S&P 500 3% Capped ETF stock. Royal Bank of Canada boosted its holdings in shares of iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) by 375.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,417 shares of the company’s stock after purchasing an additional 31,122 shares during the period. Royal Bank of Canada owned about 4.93% of iShares S&P 500 3% Capped ETF worth $1,183,000 as of its most recent SEC filing.

iShares S&P 500 3% Capped ETF Company Profile

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.