iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sees Unusually-High Trading Volume – What’s Next?

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) shares saw strong trading volume on Wednesday . 1,047,417 shares traded hands during trading, an increase of 225% from the previous session’s volume of 321,972 shares.The stock last traded at $85.20 and had previously closed at $83.86.

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

The stock has a market capitalization of $7.69 billion, a price-to-earnings ratio of 20.75 and a beta of 1.12. The company has a 50 day moving average of $88.42 and a 200 day moving average of $91.91.

Institutional Investors Weigh In On iShares S&P Mid-Cap 400 Growth ETF

Large investors have recently modified their holdings of the company. Stonebridge Financial Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $31,000. Atala Financial Inc acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter valued at $31,000. Palouse Capital Management Inc. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $33,000. Runnymede Capital Advisors Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $42,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth about $42,000.

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.