Short Interest in iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Rises By 30.4%

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 168,216 shares, a growth of 30.4% from the March 15th total of 129,027 shares. Based on an average trading volume of 640,035 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares Russell Top 200 Growth ETF

Several hedge funds have recently modified their holdings of IWY. AQR Capital Management LLC lifted its position in iShares Russell Top 200 Growth ETF by 3.4% in the first quarter. AQR Capital Management LLC now owns 3,915 shares of the company’s stock worth $826,000 after purchasing an additional 127 shares during the period. Goldman Sachs Group Inc. lifted its position 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 during the period. Ieq Capital LLC lifted its position 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 during the period. Darwin Wealth Management LLC bought a new position in iShares Russell Top 200 Growth ETF in the second quarter worth $3,695,000. Finally, Bank of America Corp DE lifted its position 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 worth $544,560,000 after purchasing an additional 19,978 shares during the period.

iShares Russell Top 200 Growth ETF Stock Performance

Shares of IWY traded up $5.11 during mid-day trading on Wednesday, hitting $273.97. The company’s stock had a trading volume of 493,758 shares, compared to its average volume of 541,060. iShares Russell Top 200 Growth ETF has a one year low of $191.82 and a one year high of $288.99. The firm has a market capitalization of $16.25 billion, a PE ratio of 35.13 and a beta of 1.16. The stock’s 50-day moving average is $259.21 and its two-hundred day moving average is $270.29.

iShares Russell Top 200 Growth ETF Company Profile

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.