KLCM Advisors Inc. Makes New Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

KLCM Advisors Inc. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,104 shares of the company’s stock, valued at approximately $494,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake 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 acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $29,000. Rossmore Private Capital acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $35,000. Qube Research & Technologies Ltd raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 123.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 398 shares of the company’s stock valued at $36,000 after purchasing an additional 220 shares in the last quarter. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 67.99% of the company’s stock.

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

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $112.03 on Wednesday. The firm has a market cap of $10.88 billion, a PE ratio of 22.45 and a beta of 1.06. The firm’s 50-day simple moving average is $105.18 and its 200-day simple moving average is $101.55. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $86.20 and a 1 year high of $114.71.

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.