Cassaday & Co Wealth Management LLC Boosts Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 2.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 212,240 shares of the company’s stock after buying an additional 5,184 shares during the quarter. iShares S&P Mid-Cap 400 Growth ETF accounts for approximately 0.5% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. Cassaday & Co Wealth Management LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $21,356,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IJK. Litman Gregory Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter valued at approximately $25,000. Nemes Rush Group LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter worth $28,000. National Bank of Canada FI bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter valued at $29,000. Angeles Wealth Management LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 1st quarter valued at $30,000. Finally, Sankala Group LLC bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $32,000. 67.99% of the stock is currently owned by institutional investors.

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

NYSEARCA:IJK opened at $111.88 on Tuesday. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $90.44 and a one year high of $117.60. The business has a fifty day moving average price of $113.72 and a 200-day moving average price of $107.48. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 22.45 and a beta of 1.05.

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.