Foundation Wealth Management LLC Has $2 Million Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Foundation Wealth Management LLC increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 13.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 21,971 shares of the company’s stock after acquiring an additional 2,586 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF comprises about 1.4% of Foundation Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Foundation Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,999,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Abound Wealth Management increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 260.6% during the 1st quarter. Abound Wealth Management now owns 339 shares of the company’s stock worth $28,000 after acquiring an additional 245 shares during the period. Garde Capital Inc. acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $31,000. Financial Connections Group Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 57.5% in the 1st quarter. Financial Connections Group Inc. now owns 378 shares of the company’s stock valued at $31,000 after buying an additional 138 shares during the period. IMA Advisory Services Inc. bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 60.5% during the 1st quarter. Smartleaf Asset Management LLC now owns 491 shares of the company’s stock worth $41,000 after acquiring an additional 185 shares during the period. Institutional investors own 67.99% of the company’s stock.

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

NYSEARCA IJK opened at $96.62 on Tuesday. The business has a fifty day moving average price of $94.95 and a two-hundred day moving average price of $89.74. The stock has a market capitalization of $9.14 billion, a PE ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $100.01.

iShares S&P Mid-Cap 400 Growth ETF 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.