iShares S&P Mid-Cap 400 Growth ETF $IJK Stake Boosted by Modern Wealth Management LLC

Modern Wealth Management LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 19,935.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 491,460 shares of the company’s stock after buying an additional 489,007 shares during the period. iShares S&P Mid-Cap 400 Growth ETF comprises 0.9% of Modern Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding. Modern Wealth Management LLC owned about 0.51% of iShares S&P Mid-Cap 400 Growth ETF worth $50,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Morgan Stanley boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 0.8% in the fourth quarter. Morgan Stanley now owns 7,220,033 shares of the company’s stock worth $699,477,000 after buying an additional 53,813 shares during the period. Bank of America Corp DE boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after purchasing an additional 130,606 shares during the period. UBS Group AG boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.4% in the 4th quarter. UBS Group AG now owns 2,179,822 shares of the company’s stock worth $211,181,000 after purchasing an additional 30,546 shares during the period. D.A. Davidson & CO. grew its position in iShares S&P Mid-Cap 400 Growth ETF by 2.8% during the 1st quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock worth $123,367,000 after purchasing an additional 33,259 shares in the last quarter. Finally, Northern Trust Corp raised its stake 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 valued at $105,800,000 after purchasing an additional 6,296 shares during the period. 67.99% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.1%

IJK opened at $113.27 on Friday. The firm has a market capitalization of $10.84 billion, a P/E ratio of 22.45 and a beta of 1.05. The stock has a fifty day moving average of $113.79 and a 200-day moving average of $107.81. iShares S&P Mid-Cap 400 Growth ETF has a 12-month low of $90.44 and a 12-month high of $117.60.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.