31,700 Shares in iShares S&P Mid-Cap 400 Growth ETF $IJK Acquired by Segment Wealth Management LLC

Segment Wealth Management LLC purchased a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 31,700 shares of the company’s stock, valued at approximately $3,475,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IJK. Angeles Wealth Management LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter valued at $30,000. American National Bank & Trust purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $36,000. Steph & Co. bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $38,000. Continuum Advisory LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth about $41,000. Finally, Atwood & Palmer Inc. bought a new position in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter worth about $40,000. Institutional investors own 67.99% of the company’s stock.

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

Shares of IJK stock opened at $107.83 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $91.30 and a one year high of $119.39. The company’s 50-day moving average is $111.57 and its 200 day moving average is $109.38. The company has a market capitalization of $10.33 billion, a price-to-earnings 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.