Royal Fund Management LLC Raises Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

Royal Fund Management LLC grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 118.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,134 shares of the company’s stock after acquiring an additional 7,127 shares during the period. Royal Fund Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,275,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings 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 worth $345,486,000 after acquiring an additional 130,606 shares in the last quarter. UBS Group AG boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% in the 3rd quarter. UBS Group AG now owns 2,149,276 shares of the company’s stock valued at $206,094,000 after buying an additional 101,025 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 3.7% in the third quarter. Envestnet Asset Management Inc. now owns 1,823,064 shares of the company’s stock worth $174,814,000 after purchasing an additional 65,515 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.7% in the third quarter. D.A. Davidson & CO. now owns 1,149,366 shares of the company’s stock worth $110,213,000 after acquiring an additional 52,051 shares in the last quarter. Finally, Northern Trust Corp grew its position in iShares S&P Mid-Cap 400 Growth ETF by 0.6% during the 3rd quarter. Northern Trust Corp now owns 1,103,347 shares of the company’s stock worth $105,800,000 after purchasing an additional 6,296 shares during the last quarter. Hedge funds and other institutional investors own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Trading Up 3.5%

NYSEARCA IJK opened at $100.62 on Wednesday. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $71.69 and a 12-month high of $108.21. The company has a fifty day simple moving average of $103.07 and a two-hundred day simple moving average of $99.18. The stock has a market cap of $9.37 billion, a P/E 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.