iShares S&P Mid-Cap 400 Growth ETF company info

What does iShares S&P Mid-Cap 400 Growth ETF do?
iShares S&P Mid-Cap 400 Growth ETF (NYSE:IJK) focuses on tracking the investment results of an index composed of mid-cap U.S. equities that exhibit growth characteristics. Operating under the ETF model, it aims to provide investors with a convenient way to gain broad exposure to mid-sized U.S. companies poised for growth. The fund is designed to mirror the performance of the S&P MidCap 400 Growth Index, thereby investing at least 90% of its assets in securities of the index or in depositary receipts representing securities in the index. Its key objective is to achieve investment results that correspond generally to the price and yield performance of its benchmark index, making it a suitable option for investors looking to diversify their investments across mid-cap growth companies in the United States.
iShares S&P Mid-Cap 400 Growth ETF company media
Company Snapshot

Is iShares S&P Mid-Cap 400 Growth ETF a public or private company?

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Ownership
Public

What sector is iShares S&P Mid-Cap 400 Growth ETF in?

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Sector
ETF

Where is the head office for iShares S&P Mid-Cap 400 Growth ETF?

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Head Office
San Francisco, United States

What year was iShares S&P Mid-Cap 400 Growth ETF founded?

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Year Founded
2000
What does iShares S&P Mid-Cap 400 Growth ETF specialise in?
/Investment Management /Portfolio Diversification /Mid-Cap Equities /Growth Strategy /Asset Allocation /Risk Management

What are the products and/or services of iShares S&P Mid-Cap 400 Growth ETF?

Overview of iShares S&P Mid-Cap 400 Growth ETF offerings
Focus on Mid-Cap Growth Stocks: IJK primarily invests in mid-sized companies, typically having a market capitalization between $2 billion and $10 billion, demonstrating potential for significant future growth. These companies may operate in various sectors like technology, healthcare, or consumer discretionary, often exhibiting high growth potential compared to more established large-cap companies.
Passive Management: IJK passively replicates the holdings of the underlying index, meaning it doesn't attempt to outperform the market through individual stock selection. This approach generally results in lower expense ratios compared to actively managed funds.
Diversification: By holding a basket of 245 mid-cap growth stocks, IJK offers diversification across various industries and sectors within the U.S. market. This helps spread investment risk and potentially reduces portfolio volatility compared to holding individual stocks.
Growth Potential: IJK aims to capture the potential for above-average growth typically associated with mid-cap companies. These companies often have the potential to expand rapidly and experience significant stock price appreciation as their businesses mature.
Potential for Income: While not the primary objective, some companies within IJK may pay dividends to their shareholders. These regular payouts can provide an additional source of income for investors, alongside potential capital appreciation.
Transparency: The methodology for selecting companies within the underlying index is publicly available, offering investors transparency into the factors influencing the ETF's composition. This allows investors to understand the risk profile and potential of the companies they are indirectly invested in through IJK.