iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) Sets New 1-Year Low – Should You Sell?

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $82.54 and last traded at $83.84, with a volume of 475976 shares. The stock had previously closed at $85.38.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.1 %

The stock has a 50-day moving average of $91.88 and a 200 day moving average of $92.62. The stock has a market cap of $8.47 billion, a PE ratio of 20.22 and a beta of 1.12.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in IJK. Capital Performance Advisors LLP acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $26,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth approximately $28,000. Ashton Thomas Securities LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1,229.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 319 shares of the company’s stock worth $29,000 after purchasing an additional 295 shares during the period. Stonebridge Financial Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at approximately $31,000. Finally, Atala Financial Inc purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at approximately $31,000.

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.