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 in August. As of August 31st, there was short interest totaling 212,444 shares, a growth of 328.8% from the August 15th total of 49,539 shares. Based on an average daily volume of 178,281 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. AlphaCore Capital LLC grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% during the 4th quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock valued at $21,538,000 after buying an additional 221,824 shares in the last quarter. Lido Advisors LLC lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.5% in the 4th quarter. Lido Advisors LLC now owns 287,486 shares of the company’s stock worth $27,607,000 after purchasing an additional 12,482 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 17.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 168,483 shares of the company’s stock valued at $16,323,000 after purchasing an additional 25,523 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at about $1,600,000. Finally, Trust Co. of Vermont purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the second quarter valued at about $1,985,000. Institutional investors own 67.99% of the company’s stock.

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

IJK opened at $111.52 on Friday. The company has a 50 day simple moving average of $114.20 and a two-hundred day simple moving average of $110.67. The firm has a market cap of $10.67 billion, a P/E ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $91.30 and a 1-year high of $119.39.

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.