iShares S&P Mid-Cap 400 Growth ETF $IJK Shares Newly Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, HoldingsChannel reports. The firm acquired 511,698 shares of the company’s stock, valued at approximately $56,087,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IJK. Northeast Investment Management acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at approximately $373,000. Chicago Partners Investment Group LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth $1,076,000. Independent Investors Inc. acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $307,000. Parr Mcknight Wealth Management Group LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 0.7% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 67,835 shares of the company’s stock worth $7,435,000 after buying an additional 444 shares during the period. Finally, Associated Banc Corp acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $9,617,000. 67.99% of the stock is currently owned by institutional investors and hedge funds.

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

IJK stock opened at $105.88 on Friday. The stock has a market capitalization of $10.15 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $91.30 and a 1 year high of $119.39. The stock’s fifty day moving average is $110.19 and its two-hundred day moving average is $109.65.

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