Lido Advisors LLC Makes New $39.66 Million Investment in iShares S&P Mid-Cap 400 Growth ETF $IJK

Lido Advisors LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the 3rd quarter, Holdings Channel reports. The firm acquired 361,796 shares of the company’s stock, valued at approximately $39,657,000.

Several other institutional investors have also recently made changes to their positions in the stock. Keybank National Association OH acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $61,840,000. Idaho Trust Co bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $3,750,000. Private Management Group Inc. bought a new stake in iShares S&P Mid-Cap 400 Growth ETF in the 3rd quarter valued at about $785,000. Bryn Mawr Trust Advisors LLC raised its stake in iShares S&P Mid-Cap 400 Growth ETF by 3.8% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 84,077 shares of the company’s stock worth $9,216,000 after buying an additional 3,059 shares during the period. Finally, Means Investment CO. Inc. acquired a new position in iShares S&P Mid-Cap 400 Growth ETF during the 3rd quarter worth approximately $212,000. 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 NYSEARCA:IJK opened at $109.23 on Wednesday. The business’s 50 day simple moving average is $110.03 and its two-hundred day simple moving average is $109.71. The firm has a market cap of $10.49 billion, a P/E 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.

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.