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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $116.92 and last traded at $116.33, with a volume of 26932 shares trading hands. The stock had previously closed at $114.94.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.4%

The company has a market capitalization of $11.21 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. The company has a 50-day moving average price of $110.73 and a 200-day moving average price of $104.64.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IJK. Litman Gregory Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $25,000. Nemes Rush Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $28,000. National Bank of Canada FI bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter valued at about $29,000. Angeles Wealth Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter valued at about $30,000. Finally, Sankala Group LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $32,000. 67.99% of the stock is owned by institutional investors and hedge funds.

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.