101,888 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK Purchased by White Pine Investment CO

White Pine Investment CO purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 101,888 shares of the company’s stock, valued at approximately $11,168,000. iShares S&P Mid-Cap 400 Growth ETF comprises 2.2% of White Pine Investment CO’s holdings, making the stock its 16th biggest holding. White Pine Investment CO owned about 0.11% of iShares S&P Mid-Cap 400 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IJK. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock worth $242,671,000 after acquiring an additional 103,836 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.8% in the 1st quarter. D.A. Davidson & CO. now owns 1,226,067 shares of the company’s stock valued at $123,367,000 after purchasing an additional 33,259 shares during the last quarter. USA Financial Formulas purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at approximately $104,845,000. Bank of New York Mellon Corp raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% in the 1st quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock valued at $95,546,000 after purchasing an additional 128,011 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% in the 1st quarter. Royal Bank of Canada now owns 551,904 shares of the company’s stock valued at $55,532,000 after purchasing an additional 17,057 shares during the last quarter. 67.99% of the stock is currently owned by hedge funds and other institutional investors.

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

IJK stock opened at $109.84 on Friday. The firm has a 50 day moving average of $112.84 and a 200 day moving average of $112.02. The stock has a market capitalization of $10.48 billion, a PE ratio of 22.45 and a beta of 1.06. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $91.30 and a 52 week high of $119.39.

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.