First Interstate Bank purchased a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,288 shares of the company’s stock, valued at approximately $208,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IJK. Focus Partners Wealth grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 206.5% in the first quarter. Focus Partners Wealth now owns 391,928 shares of the company’s stock worth $32,640,000 after purchasing an additional 264,061 shares during the period. Jones Financial Companies Lllp grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 93.0% in the first quarter. Jones Financial Companies Lllp now owns 526,578 shares of the company’s stock worth $46,664,000 after purchasing an additional 253,734 shares during the period. Goldman Sachs Group Inc. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock worth $174,331,000 after acquiring an additional 83,352 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 9.7% in the first quarter. Bank of New York Mellon Corp now owns 853,754 shares of the company’s stock worth $71,101,000 after acquiring an additional 75,184 shares during the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth $4,696,000. 67.99% of the stock is owned by hedge funds and other institutional investors.
iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.1%
NYSEARCA IJK opened at $94.63 on Monday. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $71.69 and a 12 month high of $100.01. The stock has a market cap of $8.93 billion, a P/E ratio of 22.45 and a beta of 1.08. The stock’s fifty day moving average price is $95.35 and its 200-day moving average price is $90.42.
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.
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