Short Interest in iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) Rises By 37.8%

iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 6,546,235 shares, a growth of 37.8% from the February 12th total of 4,752,011 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,250,532 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 16,250,532 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

iShares Core S&P Mid-Cap ETF Stock Performance

Shares of IJH stock traded down $0.10 during midday trading on Friday, reaching $66.90. 21,042,414 shares of the company were exchanged, compared to its average volume of 18,555,814. iShares Core S&P Mid-Cap ETF has a 12 month low of $50.15 and a 12 month high of $72.56. The company has a market cap of $104.48 billion, a P/E ratio of 19.00 and a beta of 1.07. The company’s 50 day moving average price is $70.02 and its two-hundred day moving average price is $67.09.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core S&P Mid-Cap ETF by 5.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 119,891,228 shares of the company’s stock valued at $7,435,654,000 after buying an additional 5,810,344 shares in the last quarter. Corient Private Wealth LLC raised its position in iShares Core S&P Mid-Cap ETF by 107.4% in the second quarter. Corient Private Wealth LLC now owns 10,204,380 shares of the company’s stock worth $632,044,000 after acquiring an additional 5,285,095 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares Core S&P Mid-Cap ETF by 5.4% in the fourth quarter. Bank of New York Mellon Corp now owns 58,545,723 shares of the company’s stock worth $3,864,018,000 after acquiring an additional 2,998,287 shares in the last quarter. Valpey Financial Services LLC lifted its holdings in iShares Core S&P Mid-Cap ETF by 6,393.9% in the 4th quarter. Valpey Financial Services LLC now owns 1,698,870 shares of the company’s stock valued at $112,125,000 after acquiring an additional 1,672,709 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in iShares Core S&P Mid-Cap ETF by 238.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,302,038 shares of the company’s stock valued at $150,231,000 after acquiring an additional 1,622,736 shares during the last quarter. Institutional investors own 14.60% of the company’s stock.

About iShares Core S&P Mid-Cap ETF

Ishares S&P Midcap 400 Index Fund, formerly The iShares Core S&P Mid-Cap ETF (the Fund), seeks investment results that correspond to the price and yield performance, before fees and expenses, of the United States mid-cap stocks, as represented by the Standard & Poor’s MidCap 400 (the Underlying Index). The Underlying Index measures the performance of the mid-capitalization sector of the United States equity market. The Underlying Index consists of stocks from a range of industries. Components include financial, industrials, and information technology companies.