iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Hits New 1-Year High – Here’s What Happened

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) reached a new 52-week high during trading on Wednesday . The stock traded as high as $113.03 and last traded at $112.66, with a volume of 24967 shares trading hands. The stock had previously closed at $110.56.

iShares S&P Mid-Cap 400 Growth ETF Stock Performance

The stock has a market cap of $10.95 billion, a PE ratio of 22.45 and a beta of 1.06. The company’s 50-day moving average price is $104.56 and its 200 day moving average price is $100.94.

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 the business. Brighton Jones LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 21.5% in the 4th quarter. Brighton Jones LLC now owns 7,269 shares of the company’s stock worth $661,000 after acquiring an additional 1,285 shares in the last quarter. AQR Capital Management LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 242.9% in the 1st quarter. AQR Capital Management LLC now owns 11,075 shares of the company’s stock worth $922,000 after acquiring an additional 7,845 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 123.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock worth $36,000 after acquiring an additional 220 shares in the last quarter. Glenview Trust co increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 8.0% in the 2nd quarter. Glenview Trust co now owns 7,537 shares of the company’s stock worth $686,000 after acquiring an additional 557 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth approximately $918,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

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.