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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJKGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $104.24 and last traded at $103.6030, with a volume of 237562 shares changing hands. The stock had previously closed at $102.27.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.4%

The firm has a market cap of $9.69 billion, a P/E ratio of 22.45 and a beta of 1.08. The business’s fifty day simple moving average is $98.00 and its 200-day simple moving average is $95.95.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. CENTRAL TRUST Co lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 102.1% in the 2nd quarter. CENTRAL TRUST Co now owns 287 shares of the company’s stock worth $26,000 after buying an additional 145 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at approximately $28,000. National Bank of Canada FI purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $29,000. Elevation Point Wealth Partners LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the second quarter valued at $29,000. Finally, Rossmore Private Capital bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at $35,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Company Profile

(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.

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