iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sets New 52-Week High – Here’s What Happened

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) reached a new 52-week high during trading on Monday . The company traded as high as $119.17 and last traded at $118.96, with a volume of 23585 shares traded. The stock had previously closed at $119.04.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 2.0%

The firm’s 50 day moving average price is $114.79 and its two-hundred day moving average price is $109.47. The firm has a market capitalization of $11.17 billion, a PE ratio of 22.45 and a beta of 1.05.

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

A number of hedge funds have recently made changes to their positions in IJK. USA Financial Formulas bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at approximately $104,845,000. Modern Wealth Management LLC raised its position in shares of 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 acquiring an additional 489,007 shares in the last quarter. AlphaCore Capital LLC lifted 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 purchasing an additional 221,824 shares during the last quarter. Kozak & Associates Inc. lifted its stake in 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 worth $26,754,000 after purchasing an additional 216,323 shares during the last quarter. Finally, Arax Advisory Partners acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $18,423,000. 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.