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

Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) reached a new 52-week low during trading on Thursday . The stock traded as low as $79.66 and last traded at $80.24, with a volume of 142165 shares. The stock had previously closed at $85.41.

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

The company has a market cap of $8.10 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. The company’s 50 day moving average price is $89.16 and its 200 day moving average price is $92.09.

Institutional Trading of iShares S&P Mid-Cap 400 Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stonebridge Financial Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth $31,000. Atala Financial Inc acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $31,000. Palouse Capital Management Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at about $33,000. Runnymede Capital Advisors Inc. acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $42,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at about $42,000.

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.