iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Get Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 48,077 shares, a decrease of 78.3% from the June 30th total of 221,087 shares. Based on an average daily volume of 372,999 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF
Several institutional investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 71.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 25,861 shares of the company’s stock worth $2,505,000 after purchasing an additional 10,752 shares during the period. Farther Finance Advisors LLC increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 26.4% in the fourth quarter. Farther Finance Advisors LLC now owns 67,100 shares of the company’s stock valued at $6,501,000 after purchasing an additional 14,017 shares during the period. Resonant Capital Advisors LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $533,000. AlphaCore Capital LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in the fourth quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock valued at $21,538,000 after buying an additional 221,824 shares during the last quarter. Finally, Net Worth Advisory Group raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 710.0% in the fourth quarter. Net Worth Advisory Group now owns 43,432 shares of the company’s stock valued at $4,208,000 after buying an additional 38,070 shares during the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.
iShares S&P Mid-Cap 400 Growth ETF Price Performance
Shares of IJK stock traded down $0.09 during trading on Friday, reaching $113.18. The company’s stock had a trading volume of 147,582 shares, compared to its average volume of 377,316. The company has a market capitalization of $10.83 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. The stock’s 50-day moving average price is $113.85 and its 200 day moving average price is $107.85. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $90.44 and a 1-year high of $117.60.
About iShares S&P Mid-Cap 400 Growth ETF
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.
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