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

iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) saw an uptick in trading volume on Friday . 476,859 shares traded hands during trading, an increase of 50% from the previous session’s volume of 317,210 shares.The stock last traded at $76.54 and had previously closed at $76.23.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.8 %

The firm has a market cap of $8.13 billion, a price-to-earnings ratio of 15.73 and a beta of 1.08. The company’s 50-day moving average price is $75.90 and its 200-day moving average price is $72.84.

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

A number of large investors have recently modified their holdings of the stock. Citigroup Inc. raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 2.3% in the first quarter. Citigroup Inc. now owns 18,914 shares of the company’s stock valued at $1,461,000 after acquiring 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 worth $216,000. Brighton Jones LLC increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 15.9% in the first quarter. Brighton Jones LLC now owns 3,740 shares of the company’s stock valued at $289,000 after buying an additional 513 shares during the last quarter. Baird Financial Group Inc. raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.7% in the first 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. lifted its holdings in 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 worth $421,000 after buying an additional 245 shares during 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.