Segment Wealth Management LLC Buys New Stake in iShares S&P Mid-Cap 400 Growth ETF $IJK

Segment Wealth Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,700 shares of the company’s stock, valued at approximately $3,475,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IJK. Montecito Bank & Trust purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the third quarter valued at $868,000. Trust Co. of Vermont bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter valued at $1,985,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $1,359,000. Davidson Trust Co. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $981,000. Finally, Private Advisor Group LLC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 27.5% in the 1st quarter. Private Advisor Group LLC now owns 99,862 shares of the company’s stock worth $10,048,000 after buying an additional 21,541 shares during the period. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

NYSEARCA:IJK opened at $107.83 on Tuesday. The firm’s 50-day moving average price is $111.57 and its 200-day moving average price is $109.38. The company has a market capitalization of $10.33 billion, a PE ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $91.30 and a 1-year high of $119.39.

iShares S&P Mid-Cap 400 Growth ETF Profile

(Free Report)

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Further Reading

Institutional Ownership by Quarter for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

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