Smith Shellnut Wilson LLC ADV Makes New $2.43 Million Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Smith Shellnut Wilson LLC ADV purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 22,174 shares of the company’s stock, valued at approximately $2,430,000. iShares S&P Mid-Cap 400 Growth ETF makes up 0.9% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 25th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Kings Path Partners LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $92,000. Fifth Third Securities Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $3,889,000. Sowell Financial Services LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $303,000. Carnegie Investment Counsel bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $459,000. Finally, Ironwood Financial llc purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth approximately $3,821,000. 67.99% of the stock is currently owned by institutional investors.

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

Shares of IJK opened at $109.87 on Thursday. The company has a 50 day moving average price of $112.15 and a 200-day moving average price of $112.26. 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. The stock has a market capitalization of $10.53 billion, a PE ratio of 22.45 and a beta of 1.06.

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.