Murphy Middleton Hinkle & Parker Inc. Purchases 4,580 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Murphy Middleton Hinkle & Parker Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 20.1% in the third quarter, Holdings Channel reports. The institutional investor owned 27,419 shares of the company’s stock after purchasing an additional 4,580 shares during the period. iShares S&P Mid-Cap 400 Growth ETF accounts for about 1.2% of Murphy Middleton Hinkle & Parker Inc.’s portfolio, making the stock its 22nd largest position. Murphy Middleton Hinkle & Parker Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $3,005,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. First Merchants Corp acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at about $11,915,000. AdvisorNet Financial Inc purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $925,000. Saxony Capital Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $202,000. Triangle Securities Wealth Management acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $4,579,000. Finally, Mather Group LLC. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $750,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 0.9%

Shares of IJK stock opened at $109.84 on Friday. The company has a market capitalization of $10.48 billion, a P/E ratio of 22.45 and a beta of 1.06. The business’s 50 day moving average is $112.84 and its two-hundred day moving average is $112.02. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $91.30 and a 12-month high of $119.39.

About iShares S&P Mid-Cap 400 Growth ETF

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.