Short Interest in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Rises By 37.9%

iShares S&P 500 Growth ETF (NYSEARCA:IVW) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,695,531 shares, an increase of 37.9% from the January 15th total of 1,229,506 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 5,003,596 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 5,003,596 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $0.73 during midday trading on Tuesday, reaching $119.74. 3,339,943 shares of the company’s stock traded hands, compared to its average volume of 4,324,919. The firm has a market capitalization of $64.27 billion, a PE ratio of 33.33 and a beta of 1.11. The company has a 50-day moving average price of $123.10 and a two-hundred day moving average price of $120.79. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61.

Institutional Investors Weigh In On iShares S&P 500 Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Sherman Porfolios LLC grew its position in iShares S&P 500 Growth ETF by 49.1% during the fourth quarter. Sherman Porfolios LLC now owns 155,206 shares of the company’s stock worth $19,131,000 after buying an additional 51,098 shares in the last quarter. Tannin Capital LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $210,000. Regal Investment Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 17.7% in the fourth quarter. Regal Investment Advisors LLC now owns 155,694 shares of the company’s stock worth $19,191,000 after purchasing an additional 23,425 shares during the last quarter. Twin Focus Capital Partners LLC raised its stake in iShares S&P 500 Growth ETF by 33.5% in the fourth quarter. Twin Focus Capital Partners LLC now owns 156,219 shares of the company’s stock valued at $19,256,000 after purchasing an additional 39,224 shares in the last quarter. Finally, Advisory Services Network LLC lifted its position in iShares S&P 500 Growth ETF by 8.0% during the fourth quarter. Advisory Services Network LLC now owns 152,127 shares of the company’s stock valued at $18,751,000 after purchasing an additional 11,224 shares during the last quarter.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.