Hsbc Holdings PLC Invests $9.90 Million in iShares S&P Mid-Cap 400 Growth ETF $IJK

Hsbc Holdings PLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 102,183 shares of the company’s stock, valued at approximately $9,899,000.

A number of other large investors also recently made changes to their positions in IJK. Litman Gregory Wealth Management LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $25,000. Nemes Rush Group LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $28,000. National Bank of Canada FI bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $29,000. Sankala Group LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth approximately $32,000. Finally, SHP Wealth Management purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth approximately $35,000. 67.99% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.7%

IJK stock opened at $113.03 on Thursday. The firm has a market cap of $10.92 billion, a PE ratio of 22.45 and a beta of 1.05. The business has a 50 day moving average of $113.29 and a 200-day moving average of $106.66. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $90.36 and a 12-month high of $117.60.

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.