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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJKGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $117.07 and last traded at $117.02, with a volume of 36995 shares trading hands. The stock had previously closed at $114.92.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 1.0%

The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. The company’s 50 day moving average price is $112.00 and its 200 day moving average price is $105.41.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IJK. Litman Gregory Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at approximately $25,000. Nemes Rush Group LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at $28,000. National Bank of Canada FI purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at $29,000. Angeles Wealth Management LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth about $30,000. Finally, Sankala Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Further Reading

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