Integrated Advisors Network LLC Takes $5.03 Million Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Integrated Advisors Network LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the first quarter, HoldingsChannel reports. The fund acquired 50,002 shares of the company’s stock, valued at approximately $5,031,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Litman Gregory Wealth Management LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $25,000. Nemes Rush Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $28,000. Sankala Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $32,000. National Bank of Canada FI bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth approximately $29,000. Finally, SHP Wealth Management bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 67.99% of the company’s stock.

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

Shares of IJK stock traded down $2.21 during mid-day trading on Tuesday, reaching $113.74. 100,958 shares of the company’s stock traded hands, compared to its average volume of 397,527. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $90.36 and a 12 month high of $117.60. The firm has a 50 day moving average price of $113.13 and a two-hundred day moving average price of $106.42. The firm has a market capitalization of $10.99 billion, a PE ratio of 22.45 and a beta of 1.05.

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.