BIP Wealth LLC Purchases Shares of 2,467 iShares S&P Mid-Cap 400 Growth ETF $IJK

BIP Wealth LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the second quarter, Holdings Channel.com reports. The firm purchased 2,467 shares of the company’s stock, valued at approximately $224,000.

Several other hedge funds also recently modified their holdings of IJK. Fiduciary Alliance LLC boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 1.0% during the second quarter. Fiduciary Alliance LLC now owns 11,688 shares of the company’s stock worth $1,063,000 after acquiring an additional 110 shares in the last quarter. Main Street Group LTD raised its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 9.8% during the second quarter. Main Street Group LTD now owns 1,244 shares of the company’s stock valued at $113,000 after purchasing an additional 111 shares during the period. Benjamin Edwards Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.0% during the 1st quarter. Benjamin Edwards Inc. now owns 6,236 shares of the company’s stock worth $519,000 after purchasing an additional 124 shares in the last quarter. Pacific Sun Financial Corp grew its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 2.0% in the 2nd quarter. Pacific Sun Financial Corp now owns 6,662 shares of the company’s stock valued at $606,000 after buying an additional 130 shares during the period. Finally, PGIM Custom Harvest LLC increased its position in iShares S&P Mid-Cap 400 Growth ETF by 1.7% in the 1st quarter. PGIM Custom Harvest LLC now owns 8,056 shares of the company’s stock valued at $671,000 after buying an additional 132 shares in the last quarter. Institutional investors own 67.99% of the company’s stock.

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

IJK stock opened at $97.30 on Friday. The stock’s 50 day simple moving average is $95.61 and its 200 day simple moving average is $91.06. The company has a market cap of $9.18 billion, a P/E ratio of 22.45 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a fifty-two week low of $71.69 and a fifty-two week high of $100.01.

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.