iShares S&P Mid-Cap 400 Growth ETF $IJK Shares Newly Acquired by First Merchants Corp

First Merchants Corp acquired a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 108,701 shares of the company’s stock, valued at approximately $11,915,000. First Merchants Corp owned 0.11% of iShares S&P Mid-Cap 400 Growth ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IJK. Valeo Financial Advisors LLC boosted its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.4% in the 3rd quarter. Valeo Financial Advisors LLC now owns 7,700 shares of the company’s stock valued at $844,000 after purchasing an additional 106 shares during the last quarter. Noble Wealth Management PBC grew its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the 3rd quarter. Noble Wealth Management PBC now owns 2,737 shares of the company’s stock worth $300,000 after buying an additional 126 shares during the period. Pacific Sun Financial Corp raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.9% during the first quarter. Pacific Sun Financial Corp now owns 6,892 shares of the company’s stock worth $693,000 after buying an additional 130 shares during the last quarter. First Horizon Corp raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.1% during the first quarter. First Horizon Corp now owns 12,964 shares of the company’s stock worth $1,304,000 after buying an additional 143 shares during the last quarter. Finally, Integrated Investment Consultants LLC raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.9% during the first quarter. Integrated Investment Consultants LLC now owns 3,961 shares of the company’s stock worth $399,000 after buying an additional 149 shares during the last quarter. 67.99% of the stock is owned by institutional investors.

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

Shares of NYSEARCA IJK opened at $109.84 on Friday. The company’s 50 day simple moving average is $112.84 and its 200 day simple moving average is $112.02. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $91.30 and a fifty-two week high of $119.39. The firm has a market capitalization of $10.48 billion, a P/E ratio of 22.45 and a beta of 1.06.

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.