iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Update

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 148,220 shares, an increase of 214.8% from the December 15th total of 47,089 shares. Based on an average daily volume of 184,805 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 184,805 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Several hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the second quarter. Janney Montgomery Scott LLC now owns 48,621 shares of the company’s stock valued at $4,424,000 after buying an additional 669 shares during the period. Focus Financial Network Inc. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.5% in the second quarter. Focus Financial Network Inc. now owns 6,917 shares of the company’s stock valued at $629,000 after acquiring an additional 237 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 27.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,927 shares of the company’s stock valued at $360,000 after purchasing an additional 851 shares during the period. Sequoia Financial Advisors LLC raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 23.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,190 shares of the company’s stock worth $381,000 after purchasing an additional 787 shares in the last quarter. Finally, Alpha Cubed Investments LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth about $278,000. 67.99% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.4%

Shares of IJK stock traded up $0.39 during trading on Tuesday, reaching $102.24. 150,143 shares of the company’s stock traded hands, compared to its average volume of 239,658. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $71.69 and a 1 year high of $102.57. The company has a market capitalization of $9.62 billion, a P/E ratio of 22.45 and a beta of 1.08. The firm’s 50-day moving average is $97.15 and its 200 day moving average is $95.49.

iShares S&P Mid-Cap 400 Growth ETF Company Profile

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.