Short Interest in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Expands By 133.0%

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

iShares S&P Mid-Cap 400 Growth ETF Trading Down 1.7%

NYSEARCA:IJK opened at $98.53 on Friday. The company has a 50-day moving average price of $103.22 and a 200-day moving average price of $99.11. 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 stock has a market cap of $9.17 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF

A number of institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 21.5% during the 4th quarter. Brighton Jones LLC now owns 7,269 shares of the company’s stock valued at $661,000 after acquiring an additional 1,285 shares in the last quarter. AQR Capital Management LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 242.9% in the 1st quarter. AQR Capital Management LLC now owns 11,075 shares of the company’s stock worth $922,000 after acquiring an additional 7,845 shares in the last quarter. Journey Strategic Wealth LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at approximately $202,000. CreativeOne Wealth LLC lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 19.0% in the 2nd quarter. CreativeOne Wealth LLC now owns 20,671 shares of the company’s stock valued at $1,881,000 after purchasing an additional 3,297 shares during the period. Finally, Laurel Wealth Advisors LLC boosted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 8,758.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,007,335 shares of the company’s stock valued at $91,647,000 after purchasing an additional 995,963 shares in the last quarter. 67.99% of the stock is owned by institutional investors.

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.