iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Down 23.6% in January

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 23,421 shares, a decline of 23.6% from the January 15th total of 30,663 shares. Based on an average daily volume of 220,281 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 220,281 shares, the short-interest ratio is presently 0.1 days.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.6%

NYSEARCA IJK traded up $0.62 on Tuesday, hitting $104.95. The company’s stock had a trading volume of 128,478 shares, compared to its average volume of 229,307. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $71.69 and a 52-week high of $106.36. The firm has a market cap of $9.77 billion, a P/E ratio of 22.45 and a beta of 1.08. The company’s 50-day simple moving average is $100.92 and its 200 day simple moving average is $97.29.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 57.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,700 shares of the company’s stock worth $1,909,000 after buying an additional 7,225 shares in the last quarter. Tannin Capital LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $939,000. Osaic Holdings Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 14.5% in the 4th quarter. Osaic Holdings Inc. now owns 167,262 shares of the company’s stock worth $16,208,000 after acquiring an additional 21,174 shares in the last quarter. Advisory Services Network LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.8% in the 4th quarter. Advisory Services Network LLC now owns 20,162 shares of the company’s stock worth $1,953,000 after acquiring an additional 348 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.8% in the 4th quarter. Private Advisor Group LLC now owns 78,321 shares of the company’s stock valued at $7,588,000 after purchasing an additional 2,854 shares during the period. 67.99% of the stock is owned by hedge funds and other institutional investors.

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.