iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sees Unusually-High Trading Volume

Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw an uptick in trading volume on Thursday . 749,086 shares changed hands during mid-day trading, an increase of 115% from the previous session’s volume of 348,309 shares.The stock last traded at $89.58 and had previously closed at $91.85.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 2.2 %

The company has a 50 day moving average of $88.98 and a 200-day moving average of $87.08. The firm has a market capitalization of $9.65 billion, a P/E ratio of 18.52 and a beta of 1.08.

Hedge Funds Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 34.0% during the 4th quarter. Blue Trust Inc. now owns 1,260 shares of the company’s stock worth $91,000 after buying an additional 320 shares in the last quarter. Pinnacle Financial Partners Inc raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 127.8% during the 4th quarter. Pinnacle Financial Partners Inc now owns 9,074 shares of the company’s stock worth $719,000 after buying an additional 5,090 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 17.9% during the 4th quarter. First Citizens Bank & Trust Co. now owns 9,988 shares of the company’s stock worth $791,000 after buying an additional 1,520 shares in the last quarter. TIAA Trust National Association increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.0% in the 4th quarter. TIAA Trust National Association now owns 10,094 shares of the company’s stock worth $800,000 after purchasing an additional 296 shares in the last quarter. Finally, WealthShield Partners LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 2.3% in the 4th quarter. WealthShield Partners LLC now owns 14,375 shares of the company’s stock worth $1,139,000 after purchasing an additional 325 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.