iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) Sees Significant Drop in Short Interest

iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 141,009 shares, a decline of 20.7% from the December 15th total of 177,801 shares. Based on an average trading volume of 253,524 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 253,524 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares Russell Top 200 Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. increased its stake in shares of iShares Russell Top 200 Growth ETF by 1.4% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,736 shares of the company’s stock valued at $749,000 after acquiring an additional 38 shares during the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in 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 valued at $51,000 after purchasing an additional 40 shares during the period. Smartleaf Asset Management LLC increased its stake in iShares Russell Top 200 Growth ETF by 3.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,383 shares of the company’s stock valued at $376,000 after purchasing an additional 40 shares in the last quarter. Pineridge Advisors LLC raised its holdings in iShares Russell Top 200 Growth ETF by 1.5% in the second quarter. Pineridge Advisors LLC now owns 2,812 shares of the company’s stock worth $693,000 after purchasing an additional 41 shares during the period. Finally, Anchor Investment Management LLC raised its holdings in iShares Russell Top 200 Growth ETF by 49.5% in the third quarter. Anchor Investment Management LLC now owns 142 shares of the company’s stock worth $39,000 after purchasing an additional 47 shares during the period.

iShares Russell Top 200 Growth ETF Stock Down 0.1%

IWY stock opened at $274.02 on Friday. iShares Russell Top 200 Growth ETF has a twelve month low of $180.65 and a twelve month high of $288.99. The company has a market cap of $16.03 billion, a P/E ratio of 35.13 and a beta of 1.12. The business’s fifty day moving average is $276.79 and its 200-day moving average is $268.72.

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.