Smith Shellnut Wilson LLC ADV Buys 22,174 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Smith Shellnut Wilson LLC ADV bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,174 shares of the company’s stock, valued at approximately $2,430,000. iShares S&P Mid-Cap 400 Growth ETF accounts for about 0.9% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds have also recently made changes to their positions in the company. Montecito Bank & Trust purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $868,000. Trust Co. of Vermont bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth about $1,985,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth approximately $1,359,000. Davidson Trust Co. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth approximately $981,000. Finally, Private Advisor Group LLC increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 27.5% during the first quarter. Private Advisor Group LLC now owns 99,862 shares of the company’s stock worth $10,048,000 after acquiring an additional 21,541 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

iShares S&P Mid-Cap 400 Growth ETF stock 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 company has a market capitalization of $10.53 billion, a PE ratio of 22.45 and a beta of 1.06.

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.