Atlantic Union Bankshares Corp Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Atlantic Union Bankshares Corp acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 227,113 shares of the company’s stock, valued at approximately $20,663,000.

Several other large investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock worth $174,331,000 after buying an additional 83,352 shares during the last quarter. Raymond James Financial Inc. grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock worth $154,013,000 after buying an additional 48,238 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,757,549 shares of the company’s stock worth $159,902,000 after buying an additional 39,821 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the first quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock valued at $117,034,000 after purchasing an additional 43,680 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock valued at $95,741,000 after purchasing an additional 52,492 shares during the last quarter. 67.99% of the stock is owned by institutional investors.

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

IJK opened at $95.70 on Thursday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $71.69 and a one year high of $100.01. The company’s 50 day simple moving average is $95.95 and its 200-day simple moving average is $92.07. The stock has a market capitalization of $9.02 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.