IJK

iShares S&P Mid-Cap 400 Growth ETF

$94.44
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The iShares S&P Mid-Cap 400 Growth ETF (IJK) seeks to track the investment results of an index composed of mid-capitalization U.S. equities exhibiting growth characteristics.

Overview

ETF tracking iShares S&P Mid-Cap 400 Growth ETF

Category Mid Cap
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $9.1B
Average Volume N/A
Dividend Yield 0.68%
52-Week Range $73.70 - $99.46
VWAP $94.56

Performance

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Investment Summary

📎 Investment Objective

The iShares S&P Mid-Cap 400 Growth ETF (IJK) seeks to track the investment results of an index composed of mid-capitalization U.S. equities exhibiting growth characteristics.

🎯 Investment Strategy

The ETF employs a passive management strategy, attempting to replicate the performance of the S&P MidCap 400 Growth Index. It invests in a representative sample of securities included in the underlying index to achieve its investment objective.

✨ Key Features

  • Provides exposure to mid-cap U.S. stocks with growth characteristics
  • Passively managed to track the S&P MidCap 400 Growth Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad mid-cap growth exposure

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF is concentrated in the mid-cap segment of the U.S. equity market
  • Growth style risk: The ETF's focus on growth stocks may underperform value or other investment styles
  • Liquidity risk: Mid-cap stocks may have lower trading volumes, making them more difficult to buy or sell

👤 Best For

The iShares S&P Mid-Cap 400 Growth ETF may be suitable for investors seeking exposure to the mid-cap growth segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.