Goelzer Investment Management Inc. Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Goelzer Investment Management Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 59,446 shares of the company’s stock, valued at approximately $6,516,000.

Other large investors have also modified their holdings of the company. Angeles Wealth Management LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $30,000. Sankala Group LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $32,000. SHP Wealth Management purchased a new position 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 position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $36,000. Finally, Keenan LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of IJK opened at $108.13 on Friday. The stock has a fifty day moving average price of $112.65 and a 200 day moving average price of $111.99. The company has a market cap of $10.35 billion, a P/E ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39.

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