FSM Wealth Advisors LLC Invests $223,000 in iShares S&P Mid-Cap 400 Growth ETF $IJK

FSM Wealth Advisors LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,424 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds also recently added to or reduced their stakes in IJK. Goldman Sachs Group Inc. raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock valued at $174,331,000 after purchasing an additional 83,352 shares in the last quarter. Raymond James Financial Inc. grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.7% in the first quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock worth $154,013,000 after purchasing an additional 48,238 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 1.8% in the first quarter. Envestnet Asset Management Inc. now owns 1,717,728 shares of the company’s stock valued at $143,052,000 after buying an additional 29,906 shares during the last quarter. LPL Financial LLC raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the first quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock valued at $117,034,000 after buying an additional 43,680 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock worth $95,741,000 after buying an additional 52,492 shares during 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 Up 1.7%

Shares of NYSEARCA IJK opened at $96.57 on Friday. The company has a market capitalization of $9.11 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. 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 business has a 50 day simple moving average of $95.53 and a 200-day simple moving average of $90.77.

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.