Novak & Powell Financial Services Inc. Purchases 10,358 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Novak & Powell Financial Services Inc. increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 168.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 16,506 shares of the company’s stock after purchasing an additional 10,358 shares during the period. Novak & Powell Financial Services Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,583,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $28,000. National Bank of Canada FI bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $29,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter valued at about $29,000. Rossmore Private Capital acquired a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $35,000. Finally, Qube Research & Technologies Ltd grew its holdings in iShares S&P Mid-Cap 400 Growth ETF by 123.6% during the second quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock worth $36,000 after purchasing an additional 220 shares during the period. 67.99% of the stock is owned by institutional investors.

iShares S&P Mid-Cap 400 Growth ETF Stock Up 0.9%

Shares of NYSEARCA IJK opened at $100.86 on Tuesday. The business’s 50 day moving average price is $103.43 and its two-hundred day moving average price is $98.83. The company has a market cap of $9.39 billion, a PE ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $71.69 and a twelve month high of $108.21.

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.