Hershey Financial Advisers LLC Makes New $506,000 Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Hershey Financial Advisers LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,029 shares of the company’s stock, valued at approximately $506,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Litman Gregory Wealth Management LLC purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $25,000. Nemes Rush Group LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $28,000. Angeles Wealth Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at $30,000. Sankala Group LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $32,000. Finally, National Bank of Canada FI purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.6%

Shares of IJK opened at $112.40 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $90.44 and a 52-week high of $117.60. The stock has a market cap of $10.76 billion, a PE ratio of 22.45 and a beta of 1.05. The firm’s fifty day moving average is $113.74 and its two-hundred day moving average is $107.31.

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.