Short Interest in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Expands By 118.3%

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 221,087 shares, a growth of 118.3% from the June 15th total of 101,283 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 271,673 shares, the short-interest ratio is currently 0.8 days.

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

Several hedge funds have recently bought and sold shares of the stock. Pacific Sun Financial Corp raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.5% during the 4th quarter. Pacific Sun Financial Corp now owns 6,762 shares of the company’s stock worth $655,000 after buying an additional 100 shares during the period. Mine & Arao Wealth Creation & Management LLC. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% during the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 6,179 shares of the company’s stock worth $599,000 after purchasing an additional 109 shares during the last quarter. Fisher Asset Management LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 3,887 shares of the company’s stock valued at $377,000 after purchasing an additional 111 shares during the last quarter. Alliancebernstein L.P. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 0.5% in the 3rd quarter. Alliancebernstein L.P. now owns 23,436 shares of the company’s stock valued at $2,247,000 after purchasing an additional 112 shares during the last quarter. Finally, Essex Financial Services Inc. grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.7% during the fourth quarter. Essex Financial Services Inc. now owns 2,854 shares of the company’s stock worth $277,000 after purchasing an additional 127 shares during the period. 67.99% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.0%

Shares of IJK stock traded up $0.01 during trading hours on Wednesday, reaching $113.59. The stock had a trading volume of 77,854 shares, compared to its average volume of 388,741. The stock’s fifty day simple moving average is $113.72 and its 200 day simple moving average is $107.08. The firm has a market capitalization of $10.88 billion, a PE ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $90.36 and a 12 month 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.