iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Short Interest Up 118.3% in June

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 221,087 shares, an increase of 118.3% from the June 15th total of 101,283 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 271,673 shares, the short-interest ratio is currently 0.8 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Modern Wealth Management LLC raised its position in iShares S&P Mid-Cap 400 Growth ETF by 19,935.1% during the 1st quarter. Modern Wealth Management LLC now owns 491,460 shares of the company’s stock valued at $50,001,000 after purchasing an additional 489,007 shares in the last quarter. AlphaCore Capital LLC grew its position in shares of 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 worth $21,538,000 after buying an additional 221,824 shares in the last quarter. Strategic Investment Advisors MI bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth $20,923,000. Kozak & Associates Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1,525.7% during the second quarter. Kozak & Associates Inc. now owns 230,502 shares of the company’s stock valued at $26,754,000 after buying an additional 216,323 shares during the period. Finally, Arax Advisory Partners purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at $18,423,000. Institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.3%

IJK traded down $0.36 on Thursday, reaching $113.12. 168,694 shares of the company traded hands, compared to its average volume of 387,492. The company has a market cap of $10.83 billion, a P/E ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $90.44 and a one year high of $117.60. The firm has a fifty day simple moving average of $113.72 and a two-hundred day simple moving average of $107.18.

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.