iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Hits New 12-Month Low – Here’s What Happened

Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJKGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $82.54 and last traded at $83.84, with a volume of 475976 shares traded. The stock had previously closed at $85.38.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 2.3 %

The firm has a market cap of $8.51 billion, a price-to-earnings ratio of 20.22 and a beta of 1.12. The stock’s 50 day moving average is $92.19 and its 200 day moving average is $92.73.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Menard Financial Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at $97,000. Heck Capital Advisors LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at about $1,939,000. American Trust acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth about $494,000. AlphaCore Capital LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $45,000. Finally, Waverly Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 46.1% during the fourth quarter. Waverly Advisors LLC now owns 142,155 shares of the company’s stock valued at $12,926,000 after acquiring an additional 44,841 shares during the period.

About iShares S&P Mid-Cap 400 Growth ETF

(Get Free Report)

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.

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