iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $117.60 and last traded at $117.50, with a volume of 667500 shares changing hands. The stock had previously closed at $115.95.
iShares S&P Mid-Cap 400 Growth ETF Stock Up 1.3%
The business has a 50-day simple moving average of $112.65 and a two-hundred day simple moving average of $105.93. The stock has a market capitalization of $11.42 billion, a P/E ratio of 22.45 and a beta of 1.05.
Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Growth ETF
A number of hedge funds have recently made changes to their positions in IJK. Modern Wealth Management LLC lifted its holdings 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 during the last quarter. AlphaCore Capital LLC grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% during the fourth 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 during the last quarter. Strategic Investment Advisors MI acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth approximately $20,923,000. Arax Advisory Partners acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $18,423,000. Finally, Fifth Third Bancorp increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 105.2% during the first quarter. Fifth Third Bancorp now owns 295,026 shares of the company’s stock worth $29,685,000 after buying an additional 151,240 shares in the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.
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.
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