iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sees Large Volume Increase

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw strong trading volume on Tuesday . 361,157 shares traded hands during mid-day trading, an increase of 4% from the previous session’s volume of 347,750 shares.The stock last traded at $90.32 and had previously closed at $90.06.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.2 %

The stock has a market capitalization of $9.66 billion, a PE ratio of 15.73 and a beta of 1.08. The stock has a fifty day moving average of $84.53 and a 200-day moving average of $77.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Moneta Group Investment Advisors LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 110,082.1% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 49,198,507 shares of the company’s stock valued at $3,360,258,000 after acquiring an additional 49,153,855 shares during the period. Morgan Stanley increased its position in iShares S&P Mid-Cap 400 Growth ETF by 1.3% in the 4th quarter. Morgan Stanley now owns 6,785,436 shares of the company’s stock valued at $463,445,000 after acquiring an additional 87,100 shares during the period. FMR LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 3.7% in the 3rd quarter. FMR LLC now owns 3,516,909 shares of the company’s stock valued at $254,062,000 after acquiring an additional 124,930 shares during the period. Goldman Sachs Group Inc. increased its position in iShares S&P Mid-Cap 400 Growth ETF by 9.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,420,822 shares of the company’s stock valued at $270,998,000 after acquiring an additional 302,641 shares during the period. Finally, UBS Group AG boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.4% during the 4th quarter. UBS Group AG now owns 2,074,931 shares of the company’s stock worth $164,376,000 after acquiring an additional 48,697 shares in the last quarter.

About iShares S&P Mid-Cap 400 Growth ETF

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.