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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the recipient of 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 company are sold short. Based on an average daily trading volume, of 317,837 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of iShares S&P Mid-Cap 400 Growth ETF

A number of institutional investors have recently bought and sold shares of IJK. Hsbc Holdings PLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $9,899,000. Rockefeller Capital Management L.P. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 261,702 shares of the company’s stock worth $25,354,000 after purchasing an additional 9,778 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $186,000. Corient Private Wealth LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.5% in the 4th quarter. Corient Private Wealth LLC now owns 61,549 shares of the company’s stock valued at $5,973,000 after buying an additional 7,792 shares during the period. Finally, Compass Financial Group Inc. Ohio purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $698,000. Institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 1.0%

IJK opened at $101.52 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $71.69 and a 12-month high of $108.21. The business has a 50 day moving average of $103.39 and a 200-day moving average of $99.09. The stock has a market cap of $9.45 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

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.