iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sets New 1-Year High at $90.83

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $90.83 and last traded at $90.48, with a volume of 75215 shares changing hands. The stock had previously closed at $89.96.

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

The firm’s fifty day simple moving average is $84.79 and its 200 day simple moving average is $77.82. The firm has a market cap of $9.66 billion, a P/E ratio of 15.73 and a beta of 1.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Citigroup Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the 1st quarter. Citigroup Inc. now owns 18,914 shares of the company’s stock valued at $1,461,000 after buying an additional 419 shares in the last quarter. Rhumbline Advisers purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter valued at about $216,000. Brighton Jones LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.9% during the 1st quarter. Brighton Jones LLC now owns 3,740 shares of the company’s stock valued at $289,000 after buying an additional 513 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.7% during the 1st quarter. Baird Financial Group Inc. now owns 144,182 shares of the company’s stock valued at $11,141,000 after buying an additional 2,410 shares in the last quarter. Finally, Prudential Financial Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.7% during the 1st quarter. Prudential Financial Inc. now owns 5,445 shares of the company’s stock valued at $421,000 after buying an additional 245 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.