Montis Financial LLC Invests $501,000 in iShares S&P Mid-Cap 400 Growth ETF $IJK

Montis Financial LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,227 shares of the company’s stock, valued at approximately $501,000.

Other hedge funds have also added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth about $1,251,000. Janney Montgomery Scott LLC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 48,621 shares of the company’s stock valued at $4,424,000 after acquiring an additional 669 shares during the period. Focus Financial Network Inc. increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.5% during the 2nd quarter. Focus Financial Network Inc. now owns 6,917 shares of the company’s stock worth $629,000 after purchasing an additional 237 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 27.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,927 shares of the company’s stock worth $360,000 after purchasing an additional 851 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 23.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,190 shares of the company’s stock worth $381,000 after purchasing an additional 787 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 1.5%

iShares S&P Mid-Cap 400 Growth ETF stock opened at $103.61 on Friday. The business’s 50 day simple moving average is $97.60 and its 200 day simple moving average is $95.67. iShares S&P Mid-Cap 400 Growth ETF has a 12 month low of $71.69 and a 12 month high of $104.18. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

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.