Palisade Asset Management LLC bought a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 6,107 shares of the company’s stock, valued at approximately $669,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock valued at $242,671,000 after buying an additional 103,836 shares in the last quarter. D.A. Davidson & CO. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the third quarter worth $140,733,000. USA Financial Formulas bought a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 1st quarter valued at $104,845,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 15.6% during the 1st quarter. Bank of New York Mellon Corp now owns 949,569 shares of the company’s stock valued at $95,546,000 after acquiring an additional 128,011 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 551,904 shares of the company’s stock valued at $55,532,000 after acquiring an additional 17,057 shares in the last quarter. Institutional investors own 67.99% of the company’s stock.
iShares S&P Mid-Cap 400 Growth ETF Stock Up 1.3%
Shares of IJK stock opened at $105.88 on Friday. The firm has a market capitalization of $10.15 billion, a P/E ratio of 22.45 and a beta of 1.06. 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 stock’s fifty day simple moving average is $110.19 and its 200 day simple moving average is $109.65.
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.
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