Renaissance Technologies LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 20,800 shares of the company’s stock, valued at approximately $2,093,000.
A number of other large investors also recently modified their holdings of IJK. Modern Wealth Management LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 19,935.1% during the first quarter. Modern Wealth Management LLC now owns 491,460 shares of the company’s stock valued at $50,001,000 after purchasing an additional 489,007 shares in the last quarter. AlphaCore Capital LLC grew its position in iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in the 4th quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock valued at $21,538,000 after buying an additional 221,824 shares in the last quarter. Arax Advisory Partners acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at about $18,423,000. Fifth Third Bancorp increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 105.2% during the 1st quarter. Fifth Third Bancorp now owns 295,026 shares of the company’s stock valued at $29,685,000 after buying an additional 151,240 shares during the period. Finally, Bank of America Corp DE raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after buying an additional 130,606 shares in the last quarter. 67.99% of the stock is owned by institutional investors and hedge funds.
iShares S&P Mid-Cap 400 Growth ETF Trading Down 0.3%
IJK stock opened at $117.06 on Tuesday. The firm’s 50-day moving average is $114.28 and its two-hundred day moving average is $108.83. The company has a market capitalization of $11.20 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $91.30 and a 52 week high of $117.75.
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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