iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Update

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 252,192 shares, a growth of 84.1% from the March 15th total of 137,020 shares. Based on an average daily trading volume, of 858,438 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

Shares of NYSEARCA IJK opened at $105.35 on Monday. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $76.43 and a twelve month high of $108.21. The firm has a fifty day simple moving average of $103.17 and a 200 day simple moving average of $99.57. The company has a market capitalization of $10.05 billion, a PE ratio of 22.45 and a beta of 1.07.

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

Large investors have recently bought and sold shares of the stock. Litman Gregory Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $25,000. Ashton Thomas Securities LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $28,000. Nemes Rush Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $28,000. National Bank of Canada FI acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $29,000. Finally, Sankala Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $32,000. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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.