Mccarter Private Wealth Services LLC Invests $287,000 in iShares S&P Mid-Cap 400 Growth ETF $IJK

Mccarter Private Wealth Services LLC acquired a new position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) during the second quarter, Holdings Channel reports. The institutional investor acquired 3,155 shares of the company’s stock, valued at approximately $287,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its holdings in iShares S&P Mid-Cap 400 Growth ETF by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,093,318 shares of the company’s stock worth $174,331,000 after acquiring an additional 83,352 shares in the last quarter. Raymond James Financial Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 1,849,336 shares of the company’s stock worth $154,013,000 after acquiring an additional 48,238 shares during the period. Envestnet Asset Management Inc. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,757,549 shares of the company’s stock worth $159,902,000 after acquiring an additional 39,821 shares during the period. LPL Financial LLC raised its position in iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the first quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock worth $117,034,000 after acquiring an additional 43,680 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in iShares S&P Mid-Cap 400 Growth ETF by 4.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,149,622 shares of the company’s stock worth $95,741,000 after acquiring an additional 52,492 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.

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

NYSEARCA:IJK opened at $96.10 on Friday. The company has a fifty day moving average of $95.91 and a two-hundred day moving average of $91.64. The stock has a market capitalization of $9.07 billion, a PE 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 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.