RKL Wealth Management LLC Acquires New Holdings in iShares S&P Mid-Cap 400 Growth ETF $IJK

RKL Wealth Management LLC acquired a new position in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,288 shares of the company’s stock, valued at approximately $1,018,000.

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

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

Shares of IJK traded down $1.71 during trading hours on Friday, reaching $108.13. 369,615 shares of the company’s stock traded hands, compared to its average volume of 359,549. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $91.30 and a twelve month high of $119.39. The business’s fifty day simple moving average is $112.65 and its two-hundred day simple moving average is $111.99. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 22.45 and a beta of 1.06.

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.