131,059 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK Purchased by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 131,059 shares of the company’s stock, valued at approximately $14,365,000. iShares S&P Mid-Cap 400 Growth ETF accounts for approximately 3.6% of Ifrah Financial Services Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth about $30,000. Sankala Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $32,000. SHP Wealth Management acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $35,000. American National Bank & Trust acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $36,000. Finally, Keenan LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $37,000. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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

IJK opened at $110.85 on Wednesday. The company has a market cap of $10.58 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. The firm has a 50 day simple moving average of $113.07 and a 200 day simple moving average of $111.88. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $91.30 and a fifty-two week high of $119.39.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.