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

iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 5,158 shares, a decline of 73.9% from the December 31st total of 19,774 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 10,815 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 10,815 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.8% of the company’s shares are short sold.

iShares S&P 500 3% Capped ETF Trading Down 0.6%

Shares of TOPC stock traded down $0.19 on Friday, reaching $31.58. The company had a trading volume of 8,196 shares, compared to its average volume of 12,145. The stock has a market cap of $20.53 million, a PE ratio of 25.86 and a beta of 0.97. The company has a 50-day moving average of $31.27 and a 200-day moving average of $30.35. iShares S&P 500 3% Capped ETF has a 12 month low of $23.87 and a 12 month high of $31.86.

Hedge Funds Weigh In On iShares S&P 500 3% Capped ETF

An institutional investor recently bought a new position in iShares S&P 500 3% Capped ETF stock. Granite Bay Wealth Management LLC purchased a new stake in iShares S&P 500 3% Capped ETF (NYSEARCA:TOPC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,846 shares of the company’s stock, valued at approximately $208,000. Granite Bay Wealth Management LLC owned 1.52% of iShares S&P 500 3% Capped ETF 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.