IJK Stock Summary and Trading Ideas (iShares S&P Mid-Cap 400 Growth ETF | ARCA:IJK)

The iShares S&P MidCap 400 Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. mid-cap growth stocks as represented by the S&P MidCap 400/Citigroup Growth Index.

iShares S&P Mid-Cap 400 Growth ETF trades on the ARCA stock market under the symbol IJK.

As of April 26, 2024, IJK stock price climbed to $87.15 with 30,790 million shares trading.

IJK has a beta of 1.05, meaning it tends to be more sensitive to market movements. IJK has a correlation of 0.72 to the broad based SPY ETF.

IJK has a market cap of $9.36 billion. This is considered a Mid Cap stock.

In the last 3 years, IJK stock traded as high as $91.74 and as low as $61.44.

IJK stock has underperformed the market in the last year with a return of +25.1%, while SPY returned +26.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IJK shares. However, IJK has outperformed the market in the last 3 month and 2 week periods, returning +9.9% and -1.9%, while SPY returned +4.5% and -1.9%, respectively. This indicates IJK has been having a stronger performance recently.

IJK support price is $85.74 and resistance is $87.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IJK stock will trade within this expected range on the day.