Royal Bank of Canada Purchases 17,057 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Royal Bank of Canada boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 3.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 551,904 shares of the company’s stock after purchasing an additional 17,057 shares during the period. Royal Bank of Canada’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $55,532,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Modern Wealth Management LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 19,935.1% during the 1st quarter. Modern Wealth Management LLC now owns 491,460 shares of the company’s stock worth $50,001,000 after acquiring an additional 489,007 shares during the period. AlphaCore Capital LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in the fourth quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock worth $21,538,000 after purchasing an additional 221,824 shares during the last quarter. Arax Advisory Partners purchased a new position in iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter worth about $18,423,000. Fifth Third Bancorp raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 105.2% during the first quarter. Fifth Third Bancorp now owns 295,026 shares of the company’s stock valued at $29,685,000 after purchasing an additional 151,240 shares during the last quarter. Finally, Bank of America Corp DE raised its stake 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 valued at $345,486,000 after buying an additional 130,606 shares during the last quarter. 67.99% of the stock is owned by hedge funds and other institutional investors.

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

IJK stock opened at $111.88 on Friday. The business’s 50-day moving average is $114.02 and its two-hundred day moving average is $108.25. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $90.44 and a fifty-two week high of $117.60. The company has a market cap of $10.70 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05.

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.