iShares S&P Mid-Cap 400 Growth ETF $IJK Shares Newly Bought by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,411 shares of the company’s stock, valued at approximately $593,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock valued at $242,671,000 after purchasing an additional 103,836 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.8% in the first quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock worth $123,367,000 after purchasing an additional 33,259 shares during the last quarter. USA Financial Formulas bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the first quarter worth approximately $104,845,000. Bank of New York Mellon Corp increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% in the first quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock worth $95,546,000 after buying an additional 128,011 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 551,904 shares of the company’s stock worth $55,532,000 after buying an additional 17,057 shares during the period. 67.99% of the stock is currently owned by institutional investors.

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

NYSEARCA:IJK traded up $0.36 during midday trading on Monday, reaching $108.49. 129,435 shares of the stock traded hands, compared to its average volume of 358,263. The company has a fifty day moving average of $112.65 and a 200 day moving average of $112.09. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $91.30 and a 12 month high of $119.39. The stock has a market capitalization of $10.38 billion, a P/E ratio of 22.45 and a beta of 1.06.

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.