Royal Fund Management LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) by 41.0% in the first quarter, HoldingsChannel reports. The fund owned 18,519 shares of the company’s stock after buying an additional 5,385 shares during the quarter. Royal Fund Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,941,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the stock. Litman Gregory Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $25,000. Nemes Rush Group LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $28,000. National Bank of Canada FI purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $29,000. Angeles Wealth Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth $30,000. Finally, Sankala Group LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $32,000. 67.99% of the stock is currently owned by hedge funds and other institutional investors.
iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.5%
Shares of IJK opened at $111.96 on Friday. The firm has a market capitalization of $10.71 billion, a P/E ratio of 22.45 and a beta of 1.05. The stock’s fifty day simple moving average is $114.02 and its 200 day simple moving average is $108.22. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $90.44 and a twelve month high of $117.60.
iShares S&P Mid-Cap 400 Growth ETF Profile
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.
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Want to see what other hedge funds are holding IJK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report).
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