D.A. Davidson & CO. Increases Stock Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

D.A. Davidson & CO. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,097,315 shares of the company’s stock after buying an additional 39,041 shares during the period. iShares S&P Mid-Cap 400 Growth ETF makes up 0.7% of D.A. Davidson & CO.’s holdings, making the stock its 29th largest position. D.A. Davidson & CO. owned approximately 1.14% of iShares S&P Mid-Cap 400 Growth ETF worth $99,834,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Janney Montgomery Scott LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the second quarter. Janney Montgomery Scott LLC now owns 48,621 shares of the company’s stock valued at $4,424,000 after acquiring an additional 669 shares in the last quarter. Focus Financial Network Inc. grew its position in iShares S&P Mid-Cap 400 Growth ETF by 3.5% during the 2nd quarter. Focus Financial Network Inc. now owns 6,917 shares of the company’s stock worth $629,000 after purchasing an additional 237 shares during the last quarter. Advisors Capital Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter valued at approximately $244,000. Summit Financial LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the first quarter. Summit Financial LLC now owns 11,923 shares of the company’s stock worth $993,000 after buying an additional 560 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 18.8% in the second quarter. Parallel Advisors LLC now owns 8,611 shares of the company’s stock worth $783,000 after buying an additional 1,360 shares during the last quarter. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

Shares of IJK opened at $96.25 on Wednesday. The company’s fifty day moving average price is $95.47 and its 200-day moving average price is $90.60. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $100.01. The firm has a market capitalization of $9.08 billion, a PE ratio of 22.45 and a beta of 1.08.

About iShares S&P Mid-Cap 400 Growth ETF

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics.