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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 48,077 shares, a drop of 78.3% from the June 30th total of 221,087 shares. Based on an average daily volume of 372,999 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

iShares S&P Mid-Cap 400 Growth ETF stock opened at $113.18 on Friday. The company has a market cap of $10.83 billion, a PE ratio of 22.45 and a beta of 1.05. The company has a fifty day moving average price of $113.85 and a two-hundred day moving average price of $107.85. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $90.44 and a 12 month high of $117.60.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Litman Gregory Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $25,000. Nemes Rush Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth about $28,000. National Bank of Canada FI acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $29,000. Angeles Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $30,000. Finally, Sankala Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth about $32,000. 67.99% of the stock is currently 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.