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 $87.00 with 116,720 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 0.73 to the broad based SPY ETF.

IJK has a market cap of $9.34 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 has underperformed the market in the last year with a price return of +26.0% while the SPY ETF gained +27.4%. However, in the short term, IJK had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.7% vs +4.6% return in SPY. But in the last 2 weeks, IJK shares have been beat by the market, returning -0.5% compared to an SPY return of -0.5%.

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.