iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Up 133.0% in March
by Doug Wharley · The Cerbat GemiShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Get Free Report) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 137,020 shares, an increase of 133.0% from the February 26th total of 58,799 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 317,837 shares, the short-interest ratio is presently 0.4 days.
iShares S&P Mid-Cap 400 Growth ETF Stock Performance
IJK traded down $1.74 on Friday, reaching $98.53. The company had a trading volume of 888,228 shares, compared to its average volume of 343,877. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $71.69 and a 52-week high of $108.21. The company has a market cap of $9.17 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. The business has a 50 day simple moving average of $103.22 and a 200 day simple moving average of $99.11.
Institutional Trading of iShares S&P Mid-Cap 400 Growth ETF
Institutional investors and hedge funds have recently made changes to their positions in the stock. First Horizon Corp purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $1,251,000. Daner Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter valued at $607,000. Whitaker Myers Wealth Managers LTD. lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 52.6% during the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 23,927 shares of the company’s stock valued at $2,294,000 after buying an additional 8,245 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 878,873 shares of the company’s stock worth $84,275,000 after buying an additional 16,657 shares during the period. Finally, Genesis Private Wealth LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth $1,514,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.
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.