Independent Financial Group LLC Invests $10.10 Million in iShares S&P Mid-Cap 400 Growth ETF $IJK

Independent Financial Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJKFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 100,396 shares of the company’s stock, valued at approximately $10,102,000. Independent Financial Group LLC owned about 0.10% of iShares S&P Mid-Cap 400 Growth ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IJK. Litman Gregory Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at $25,000. Nemes Rush Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $28,000. National Bank of Canada FI bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $29,000. Sankala Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $32,000. Finally, SHP Wealth Management acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $35,000. 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 iShares S&P Mid-Cap 400 Growth ETF stock opened at $113.12 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $90.44 and a one year high of $117.60. The stock’s 50-day moving average is $113.75 and its 200 day moving average is $107.28. The firm has a market cap of $10.83 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05.

About iShares S&P Mid-Cap 400 Growth ETF

(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.

See Also

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

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