Topsail Wealth Management LLC Buys Shares of 7,583 iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Topsail Wealth Management LLC purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,583 shares of the company’s stock, valued at approximately $690,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in iShares S&P Mid-Cap 400 Growth ETF by 2.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,015,043 shares of the company’s stock worth $183,228,000 after acquiring an additional 56,580 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF in the 4th quarter valued at $163,774,000. LPL Financial LLC grew its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 8.1% during the 4th quarter. LPL Financial LLC now owns 1,361,626 shares of the company’s stock worth $123,813,000 after purchasing an additional 102,431 shares during the period. D.A. Davidson & CO. increased its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.9% during the 4th quarter. D.A. Davidson & CO. now owns 1,025,894 shares of the company’s stock worth $93,285,000 after purchasing an additional 18,750 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares S&P Mid-Cap 400 Growth ETF by 25.4% in the 4th quarter. JPMorgan Chase & Co. now owns 862,794 shares of the company’s stock valued at $78,454,000 after buying an additional 174,902 shares during the period.

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

Shares of IJK stock opened at $82.38 on Friday. iShares S&P Mid-Cap 400 Growth ETF has a 1-year low of $71.69 and a 1-year high of $100.01. The firm has a market cap of $8.25 billion, a PE ratio of 18.89 and a beta of 1.09. The company has a 50-day moving average of $83.53 and a two-hundred day moving average of $90.48.

About iShares S&P Mid-Cap 400 Growth ETF

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.