Hershey Financial Advisers LLC Acquires Shares of 5,029 iShares S&P Mid-Cap 400 Growth ETF $IJK

Hershey Financial Advisers LLC bought a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,029 shares of the company’s stock, valued at approximately $506,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AlphaCore Capital LLC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 44,722.6% in 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. Arax Advisory Partners purchased a new position in iShares S&P Mid-Cap 400 Growth ETF during the fourth quarter worth approximately $18,423,000. Fifth Third Bancorp lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 105.2% during the first quarter. Fifth Third Bancorp now owns 295,026 shares of the company’s stock worth $29,685,000 after buying an additional 151,240 shares in the last quarter. Bank of America Corp DE lifted its position in iShares S&P Mid-Cap 400 Growth ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 3,797,381 shares of the company’s stock worth $345,486,000 after buying an additional 130,606 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 15.6% during the first quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock worth $95,546,000 after buying an additional 128,011 shares during the last quarter. 67.99% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Mid-Cap 400 Growth ETF Stock Down 0.6%

Shares of NYSEARCA:IJK opened at $112.40 on Friday. The business has a fifty day moving average of $113.74 and a two-hundred day moving average of $107.31. The stock has a market cap of $10.76 billion, a P/E ratio of 22.45 and a beta of 1.05. iShares S&P Mid-Cap 400 Growth ETF has a 52-week low of $90.44 and a 52-week high of $117.60.

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.