iShares S&P Mid-Cap 400 Growth ETF (IJK) is an exchange-traded fund that seeks to track the investment results of the S&P MidCap 400 Growth Index, composed of mid-capitalization U.S. equities exhibiting growth characteristics such as high sales growth, increasing valuations, and momentum; the fund provides exposure to approximately 252 holdings across sectors including information technology, industrials, health care, and consumer discretionary, with top positions in companies like Pure Storage Inc., Comfort Systems USA Inc., and Guidewire Software Inc. It offers investors quarterly distributions, a low expense ratio of 0.17%, and assets under management exceeding $9 billion, targeting institutional and retail investors focused on U.S. mid-cap growth equities. The ETF operates primarily in the United States market, listed on NYSE Arca.
Launched on July 24, 2000, and domiciled in the United States, IJK is issued by BlackRock, Inc. through its iShares business, with management oversight from BlackRock Fund Advisors based at 400 Howard Street, San Francisco, California. In 2025, the fund experienced portfolio manager transitions, adding Peter Sietsema, Matt Waldron, and Steven White effective April 1, 2025, alongside existing manager Jennifer Hsui, reflecting ongoing enhancements to its investment team. Amid broader iShares ETF trends, IJK benefited from robust 2025 market flows into U.S. equities, contributing to record inflows for BlackRock's ETF suite, though no major acquisitions, partnerships, or structural changes specific to IJK were reported in the last 1-2 years. The fund maintains its core passive indexing strategy without pursuing ESG or impact objectives.