Fortitude Family Office LLC Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Fortitude Family Office LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, Holdings Channel reports. The fund bought 11,440 shares of the company’s stock, valued at approximately $1,097,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after acquiring an additional 130,606 shares during the period. Goldman Sachs Group Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock valued at $174,331,000 after purchasing an additional 83,352 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,757,549 shares of the company’s stock valued at $159,902,000 after buying an additional 39,821 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,215,536 shares of the company’s stock worth $110,590,000 after buying an additional 65,914 shares during the period. Finally, D.A. Davidson & CO. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.7% in the 2nd quarter. D.A. Davidson & CO. now owns 1,097,315 shares of the company’s stock valued at $99,834,000 after acquiring an additional 39,041 shares during the period. 67.99% of the stock is owned by institutional investors.

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

IJK opened at $98.41 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve month high of $99.90. The firm has a market cap of $9.28 billion, a PE ratio of 22.45 and a beta of 1.08. The firm’s fifty day moving average is $96.52 and its two-hundred day moving average is $94.73.

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.