Pinnacle Bancorp Inc. Buys 280 Shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Pinnacle Bancorp Inc. raised its stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 21.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,572 shares of the company’s stock after purchasing an additional 280 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ironwood Wealth Management LLC. increased its stake in iShares S&P Mid-Cap 400 Growth ETF by 2.0% in the second quarter. Ironwood Wealth Management LLC. now owns 30,026 shares of the company’s stock valued at $2,646,000 after acquiring an additional 576 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 7.8% in the 2nd quarter. Moors & Cabot Inc. now owns 10,516 shares of the company’s stock worth $927,000 after purchasing an additional 759 shares in the last quarter. Blair William & Co. IL boosted its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.9% in the 2nd quarter. Blair William & Co. IL now owns 31,679 shares of the company’s stock worth $2,791,000 after purchasing an additional 598 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 99.0% during the 2nd quarter. Hsbc Holdings PLC now owns 219,702 shares of the company’s stock valued at $19,358,000 after purchasing an additional 109,286 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 51.7% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,840 shares of the company’s stock valued at $426,000 after buying an additional 1,650 shares in the last quarter.

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

Shares of IJK opened at $94.33 on Friday. The firm has a market cap of $10.14 billion, a P/E ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 1 year low of $76.89 and a 1 year high of $100.01. The stock has a 50 day simple moving average of $94.70 and a two-hundred day simple moving average of $91.84.

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.