Short Interest in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Grows By 162.5%

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 58,799 shares, an increase of 162.5% from the February 12th total of 22,401 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 143,031 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 143,031 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Hedge funds have recently bought and sold shares of the company. Morgan Stanley increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.8% in the fourth quarter. Morgan Stanley now owns 7,220,033 shares of the company’s stock valued at $699,477,000 after purchasing an additional 53,813 shares during the last quarter. Bank of America Corp DE raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock valued at $345,486,000 after purchasing an additional 130,606 shares in the last quarter. UBS Group AG lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the 4th quarter. UBS Group AG now owns 2,179,822 shares of the company’s stock worth $211,181,000 after acquiring an additional 30,546 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.7% during the third quarter. Envestnet Asset Management Inc. now owns 1,823,064 shares of the company’s stock worth $174,814,000 after purchasing an additional 65,515 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,215,536 shares of the company’s stock worth $110,590,000 after purchasing an additional 65,914 shares during the last quarter. 67.99% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 2.6%

IJK traded down $2.64 during trading hours on Thursday, hitting $100.14. The company’s stock had a trading volume of 814,000 shares, compared to its average volume of 234,948. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $108.21. The firm has a market capitalization of $9.32 billion, a PE ratio of 22.45 and a beta of 1.08. The company has a 50-day simple moving average of $103.38 and a 200 day simple moving average of $98.71.

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.