World Investment Advisors Boosts Stock Position in iShares S&P Mid-Cap 400 Growth ETF $IJK

World Investment Advisors lifted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 17.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,736 shares of the company’s stock after acquiring an additional 8,920 shares during the quarter. World Investment Advisors owned approximately 0.06% of iShares S&P Mid-Cap 400 Growth ETF worth $5,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaCore Capital LLC lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% during the fourth quarter. AlphaCore Capital LLC now owns 222,320 shares of the company’s stock valued at $21,538,000 after purchasing an additional 221,824 shares in the last quarter. Strategic Investment Advisors MI purchased a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the third quarter worth $20,923,000. Arax Advisory Partners bought a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $18,423,000. Bank of America Corp DE raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock valued at $345,486,000 after purchasing an additional 130,606 shares during the period. Finally, Hsbc Holdings PLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 4th quarter valued at $9,899,000. 67.99% of the stock is owned by hedge funds and other institutional investors.

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

Shares of iShares S&P Mid-Cap 400 Growth ETF stock opened at $115.13 on Friday. The company has a market capitalization of $11.12 billion, a P/E ratio of 22.45 and a beta of 1.05. The company has a fifty day moving average of $112.99 and a 200 day moving average of $106.23. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $90.36 and a fifty-two week high of $117.60.

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.