iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Short Interest Up 344.0% in July

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 82,689 shares, a growth of 344.0% from the July 15th total of 18,624 shares. Approximately 0.1% of the company’s shares 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 Up 1.1%

Shares of IWY stock traded up $3.15 during trading hours on Thursday, reaching $293.29. 265,400 shares of the stock were exchanged, compared to its average volume of 470,871. The firm has a market capitalization of $16.76 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. iShares Russell Top 200 Growth ETF has a 12-month low of $238.75 and a 12-month high of $303.12. The company’s 50-day moving average price is $284.24 and its 200-day moving average price is $275.75.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Lifetime Wealth Management P.C. purchased a new stake in shares of iShares Russell Top 200 Growth ETF in the fourth quarter worth approximately $31,000. Optima Capital LLC purchased a new position in iShares Russell Top 200 Growth ETF during the 4th quarter valued at $33,000. Main Street Group LTD bought a new position in iShares Russell Top 200 Growth ETF in the 1st quarter valued at $35,000. International Assets Investment Management LLC bought a new position in iShares Russell Top 200 Growth ETF in the 4th quarter valued at $52,000. Finally, Park Square Financial Group LLC increased its stake in iShares Russell Top 200 Growth ETF by 154.4% in the fourth quarter. Park Square Financial Group LLC now owns 201 shares of the company’s stock worth $56,000 after purchasing an additional 122 shares during the period.

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.