iShares S&P Mid-Cap 400 Growth ETF $IJK Shares Newly Purchased by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 3rd quarter, HoldingsChannel reports. The firm acquired 5,411 shares of the company’s stock, valued at approximately $593,000.

Other large investors have also recently made changes to their positions in the company. Angeles Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at approximately $30,000. Sankala Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $32,000. SHP Wealth Management bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $35,000. American National Bank & Trust purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $36,000. Finally, Steph & Co. purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $38,000. 67.99% of the stock is currently owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

NYSEARCA:IJK traded up $0.36 during trading hours on Monday, hitting $108.49. The company had a trading volume of 129,435 shares, compared to its average volume of 358,263. The company has a market capitalization of $10.38 billion, a PE ratio of 22.45 and a beta of 1.06. The stock has a 50-day moving average price of $112.65 and a 200 day moving average price of $112.09. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $91.30 and a 52 week high of $119.39.

iShares S&P Mid-Cap 400 Growth ETF Company 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.