iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Short Interest Down 26.8% in March

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 129,027 shares, a decrease of 26.8% from the February 26th total of 176,258 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 594,863 shares, the days-to-cover ratio is currently 0.2 days.

iShares Russell Top 200 Growth ETF Stock Down 2.2%

IWY traded down $5.48 during midday trading on Friday, hitting $240.76. The company had a trading volume of 787,184 shares, compared to its average volume of 537,769. iShares Russell Top 200 Growth ETF has a 52 week low of $180.65 and a 52 week high of $288.99. The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 35.13 and a beta of 1.12. The stock’s 50 day moving average price is $263.32 and its 200 day moving average price is $271.54.

Institutional Trading of iShares Russell Top 200 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. boosted its holdings in iShares Russell Top 200 Growth ETF by 1.4% in the third quarter. Financial Engines Advisors L.L.C. now owns 2,736 shares of the company’s stock worth $749,000 after acquiring an additional 38 shares in the last quarter. Sowell Financial Services LLC increased its holdings in shares of iShares Russell Top 200 Growth ETF by 1.8% during the fourth quarter. Sowell Financial Services LLC now owns 2,179 shares of the company’s stock valued at $603,000 after acquiring an additional 39 shares in the last quarter. DHJJ Financial Advisors Ltd. raised its position in shares of iShares Russell Top 200 Growth ETF by 27.0% during the third quarter. DHJJ Financial Advisors Ltd. now owns 188 shares of the company’s stock worth $51,000 after purchasing an additional 40 shares during the period. Smartleaf Asset Management LLC raised its position in shares of iShares Russell Top 200 Growth ETF by 3.0% during the third quarter. Smartleaf Asset Management LLC now owns 1,383 shares of the company’s stock worth $376,000 after purchasing an additional 40 shares during the period. Finally, Barnes Wealth Management Group Inc lifted its holdings in shares of iShares Russell Top 200 Growth ETF by 2.1% in the 4th quarter. Barnes Wealth Management Group Inc now owns 2,052 shares of the company’s stock worth $568,000 after purchasing an additional 43 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.