Vestmark Advisory Solutions Inc. Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Vestmark Advisory Solutions Inc. bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,043 shares of the company’s stock, valued at approximately $641,000.

A number of other institutional investors have also recently modified their holdings of the business. Financial Connections Group Inc. grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 57.5% during the first quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock worth $31,000 after acquiring an additional 138 shares during the period. IMA Advisory Services Inc. purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth $34,000. Quaker Wealth Management LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 200.3% during the 2nd quarter. Quaker Wealth Management LLC now owns 384 shares of the company’s stock worth $35,000 after purchasing an additional 767 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 60.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock valued at $41,000 after purchasing an additional 185 shares in the last quarter. Finally, RMG Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at about $47,000. 67.99% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Trading Down 0.3%

Shares of IJK opened at $96.45 on Wednesday. The firm’s 50-day moving average is $96.01 and its two-hundred day moving average is $92.59. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve month high of $100.01. The firm has a market capitalization of $9.10 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.