iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Down 79.3% in January

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 30,663 shares, a drop of 79.3% from the December 31st total of 148,220 shares. Based on an average daily trading volume, of 272,162 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 272,162 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 8,758.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,007,335 shares of the company’s stock worth $91,647,000 after acquiring an additional 995,963 shares during the period. World Investment Advisors lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 1,349.4% during the second quarter. World Investment Advisors now owns 485,917 shares of the company’s stock valued at $44,209,000 after purchasing an additional 452,391 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at $20,663,000. Strategic Investment Advisors MI acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth about $20,923,000. Finally, Bank of America Corp DE grew its position in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after purchasing an additional 130,606 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 0.5%

Shares of IJK stock traded down $0.46 during trading hours on Friday, reaching $101.64. 27,169 shares of the company’s stock were exchanged, compared to its average volume of 238,974. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $71.69 and a 1 year high of $104.71. The stock has a market cap of $9.48 billion, a PE ratio of 22.45 and a beta of 1.08. The stock’s fifty day moving average price is $99.30 and its two-hundred day moving average price is $96.40.

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.